Investing
American Airlines, MiMedx Tumble into Tuesday's 52-Week Low Club
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July 3, 2018: Here are four stocks trading with heavy volume among 43 equities making new 52-week lows in Tuesday’s shortened session. On the NYSE advancers led decliners by about 1.69 to 1 and on the Nasdaq, advancers led decliners by about 1.2 to 1.
American Airlines Group Inc. (NASDAQ: AAL) traded down about 1.5% Tuesday to post a new 52-week low of $36.77 after closing Monday at $38.36. The stock’s 52-week high is $59.08. Volume was about 15% below the daily average of around 6.2 million shares. The company had no specific news.
Community Health Systems Inc. (NYSE: NYSE) dropped nearly 10% Tuesday to post a new 52-week low of $2.82. Shares closed at $3.13 on Monday and the stock’s 52-week high is $10.05. Volume totaled around 4.3 million shares, nearly double the daily average. The company had no specific news.
MiMedx Group Inc. (NASDAQ: MDXG) fell more than 10% Tuesday to post a new 52-week low of $3.52. Shares closed at $3.93 on Monday. The 52-week high is $18.25. Volume of around 4.1 million was about 40% above the daily average. The company’s CEO and COO both resigned Monday morning.
Carnival Corp. (NYSE: CCL) traded down about 1.2% Tuesday and posted a new 52-week low of $56.45 after closing Monday at $57.15. The stock’s 52-week high is $72.70. Volume totaled around 3.5 million, roughly 15% below the daily average. The company had no specific news.
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