Investing
Axovant Sciences, Boardwalk Pipeline Slip into Monday's 52-Week Low Club
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February 12, 2018: Here are four stocks trading with heavy volume among 111 equities making new 52-week lows in Monday’s session. On the NYSE advancers led decliners by about 11 to 4 and on the Nasdaq, advancers led decliners by about 2 to 1.
Vereit Inc. (NYSE: VER) dropped 3.9% Monday to post a new 52-week low of $6.62 after closing at $6.89 on Friday. The stock’s 52-week high is $9.12. Volume was around 12 million, about a third higher than the daily average of about 9.6 million. The company had no specific news.
Nielsen Holdings plc (NYSE: NLSN) fell about 2.2% Monday to post a new 52-week low of $32.95 after closing at $33.70 on Friday. The 52-week high is $45.73. Volume of about 7.3 million was nearly double the daily average. The company had no specific news.
Axovant Sciences Ltd. (NASDAQ: AXON) traded down about 23% Monday and posted a new 52-week low of $1.47 after closing Friday at $1.91. The stock’s 52-week high is $27.98. Volume was around 5 million, more than triple the daily average. A major management shake-up only added to the uncertainty about the drug maker.
Boardwalk Pipeline Partners LP (NYSE: BWP) traded down about 4.5% Monday and posted a new 52-week low of $11.00 after closing Friday at $11.52. The stock’s 52-week high is $18.79. Volume was around 3 million, about double the daily average of just over 1.5 million shares. The company announced quarterly and full-year earnings this morning.
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