Goodyear, Vodafone Slink into Tuesday’s 52-Week Low Club
Goodyear Tire & Rubber, Vodafone, and Halcón Resources all posted a new or matched a 52-week low.
July 17, 2018: Here are four stocks trading with heavy volume among 68 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 1.34 to 1 and on the Nasdaq, advancers led decliners by about 1.38 to 1.
The Goodyear Tire & Rubber Co. (NASDAQ: GT) traded down about 5.8% Tuesday and posted a new 52-week low of $21.11 after closing Monday at $22.42. The stock’s 52-week high is $36.52. Volume totaled around 4.3 million, nearly 50% higher than the daily average. The company had no specific news.
Vodafone Group plc (NASDAQ: VOD) dropped about 1.7% Tuesday to post a new 52-week low of $23.82. Shares closed at $24.22 on Monday and the stock’s 52-week high is $32.75. Volume totaled 20% lower than the daily average of around 3.8 million. The company had no specific news.
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Halcón Resources Corp. (NYSE: HK) traded down 2.9% Tuesday to post a new 52-week low of $3.62 after closing Monday at $3.73. The stock’s 52-week high is $9.07. Volume was about 30% below the daily average of about 4.4 million shares. The company had no specific news and shares are on track to post a modest gain for the day’s trading.
Avon Products Inc. (NYSE: AVP) traded flat Tuesday to match a 52-week low of $1.43. Shares closed at $1.43 on Monday, and the 52-week high is $3.80. Volume totaled less than half the daily average of around 5.6 million. The company had no specific news.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.