Investing

Ambev, Ceasars Drop into Monday's 52-Week Low Club

Geerati / Getty Images

July 2, 2018: Here are four stocks trading with heavy volume among 142 equities making new 52-week lows in Monday’s session. On the NYSE advancers led decliners by about 1.16 to 1 and on the Nasdaq, advancers led decliners by about 1.43 to 1.

Ambev SA (NYSE: ABEV) traded down about 1.1% Monday to post a new 52-week low of $4.58 after closing Friday at $4.63. The stock’s 52-week high is $7.43. Volume was about 30% below the daily average of around 27 million shares. The company had no specific news.

MiMedx Group Inc. (NASDAQ: MDXG) fell more than 40% Monday to post a new 52-week low of $3.80. Shares closed at $6.39 on Friday. The 52-week high is $18.25. Volume of nearly 12 million was almost five times the daily average. The company’s CEO and COO both resigned this morning.

Ceasars Entertainment Corp. (NASDAQ: CZR) dropped about 4.3% Monday to post a new 52-week low of $10.25. Shares closed at $10.70 on Friday and the stock’s 52-week high is $14.50. Volume totaled about 9 million shares, about 30% below the daily average. The company had no specific news.

Carnival Corp. (NYSE: CCL) traded down about 2% Monday and posted a new 52-week low of $56.55 after closing Friday at $57.31. The stock’s 52-week high is $72.70. Volume totaled about 4 million, roughly 5% below the daily average. The company had no specific news.

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

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