Investing

Biocept, Kimco Realty Tumble into Friday's 52-Week Low Club

January 26, 2018: Here are four stocks trading with heavy volume among 44 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by around 8 to 7 and on the Nasdaq, advancers led decliners by almost 3 to 2.

Biocept Inc. (NASDAQ: BIOC) traded down nearly 42% Friday and posted a new 52-week low of $0.32 after closing Thursday at $0.55. The stock’s 52-week high is $2.76. Volume was over 15 million, more than 18 times the daily average of about 815,000 shares. The company priced a secondary stock offering this morning of 33.33 million units (one share plus one warrant) for $0.45 per unit. This is the company’s second such offering in two months.

Kimco Realty Corp. (NYSE: KIM) dropped 2.1% Friday to post a 52-week low of $15.85 after closing at $16.19 on Thursday. The 52-week high is $25.18. Volume was around 10.3 million, more than double the daily average. The company had no specific news.

Colony NorthStar Inc. (NYSE: CLNS) dropped about 5.6% Friday to post a new 52-week low of $9.35 after closing at $9.90 on Thursday. The stock’s 52-week high is $14.74. Volume was around 8 million, more than double the daily average of around 3.6 million. The company had no specific news.

Pretium Resources Inc. (NYSE: PVG) fell nearly 11% Friday to post a new 52-week low of $7.42 after closing at $8.33 on Thursday. The 52-week high is $12.53. Volume of about 4.3 million was more than double the daily average of around 1.9 million shares traded. The shares opened at $7.54 and have added about 2.9% to that opening bid as the closing bell approaches.

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.