Investing

Henry Schein, Patterson Sink into Tuesday's 52-Week Low Club

February 13, 2018: Here are four stocks trading with heavy volume among 70 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 3 to 2 and on the Nasdaq, advancers led decliners by about 4 to 3.

Weatherford International plc (NYSE: WFT) dropped about 8.4% Tuesday to post a new 52-week low of $2.62 after closing at $2.86 on Monday. The stock’s 52-week high is $7.09. Volume was around 33 million, about a third higher than the daily average of about 24 million. The company had no specific news.

Henry Schein Inc. (NASDAQ: HSIC) fell about 12.7% Tuesday to post a new 52-week low of $63.01 after closing at $72.18 on Monday. The 52-week high is $93.50. Volume of about 11 million was around 5 times the daily average. The dental supply company is the subject of a Federal Trade Commission antitrust complaint.

Patterson Companies Inc. (NASDAQ: PDCO) traded down about 12.6% Tuesday and posted a new 52-week low of $28.77 after closing Monday at $32.92. The stock’s 52-week high is $48.30. Volume was around 5.1 million, nearly three times the daily average. Another dental supplier hit with an antitrust complaint from the FTC.

HCP Inc. (NYSE: HCP) traded down about 3.8% Tuesday and posted a new 52-week low of $21.98 after closing Monday at $22.85. The stock’s 52-week high is $33.67. Volume was around 5 million, about 20% above the daily average of just 4.1 million shares. The company’s reported revenues were below expectations.

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

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