Investing

Aveo Pharmaceuticals, Vodafone Pile into Wednesday's 52-Week Low Club

July 18, 2018: Here are four stocks trading with heavy volume among 72 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by about 1.18 to 1 and on the Nasdaq, advancers led decliners by about 1.382 to 1.

AVEO Pharmaceuticals Inc. (NASDAQ: AVEO) traded down nearly 14% Wednesday and posted a new 52-week low of $1.86 after closing Tuesday at $2.16. The stock’s 52-week high is $4.24. Volume totaled around 8 million, more than four times the daily average. The company is delaying a report on top-line data until the fourth quarter.

Vodafone Group plc (NASDAQ: VOD) dropped about 1.2% Wednesday to post a new 52-week low of $23.59. Shares closed at $23.88 on Tuesday and the stock’s 52-week high is $32.75. Volume totaled 30% higher than the daily average of around 3.8 million. The company had no specific news.

Halcón Resources Corp. (NYSE: HK) traded down 4.5% Wednesday to post a new 52-week low of $3.57 after closing Tuesday at $3.74. The stock’s 52-week high is $9.07. Volume was marginally higher than the daily average of about 4.4 million shares. The company had no specific news and shares are on track to post a gain of around 1.5% for the day’s trading.

Avon Products Inc. (NYSE: AVP) traded down about 0.7% Wednesday to set a new 52-week low of $1.42. Shares closed at $1.44 on Tuesday, and the 52-week high is $3.80. Volume was about 15% lower than the daily average of around 5.6 million. The company had no specific news.

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