CBS, New Gold Slip into Friday’s 52-Week Low Club

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March 9, 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 nearly 3 to 1 and on the Nasdaq, advancers led decliners by about the same ratio.

New Gold Inc. (NYSEAMERICAN: NGD) dropped about 3.2% Friday to post a new 52-week low of $2.42. Shares closed at $2.50 on Thursday and the stock’s 52-week high is $4.25. Volume was about 25% above the daily average of around 8.2 million shares. The company had no news.

CBS Corp. (NYSE: CBS) traded down about 3.9% Friday and posted a new 52-week low of $50.63 after closing Thursday at $52.66. The stock’s 52-week high is $70.10. Volume was about 75% higher than the daily average of around 4 million shares. The company had no specific news.

VEON Ltd. (NASDAQ: VEON) fell about 5% Friday to match a 52-week low of $2.61 after closing at $2.74 on Thursday. The 52-week high is $4.47. Volume of nearly 6.5 million was about 30% above the daily average. The company had no specific news.

REV Group Inc. (NYSE: REVG) traded down about 4% Friday and posted a new 52-week low of $22.90 after closing Thursday at $23.85. The stock’s 52-week high is $33.15. Volume was around 1.5 million, nearly three times the daily average. The company had no specific news.