August 3, 2018: Here are four stocks trading with heavy volume among 93 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by about 1.42 to 1 and on the Nasdaq, decliners led advancers by about 1.37 to 1.
Symantec Corp. (NASDAQ: SYMC) traded down about 14.8% Friday and posted a new 52-week low of $17.81 after closing Thursday at $20.88. The stock’s 52-week high is $34.20. Volume totaled around 40 million, about four times the daily average. The company’s earnings report was passable, but guidance was not.
Tesaro Inc. (NASDAQ: TSRO) traded down about 22% Friday to post a new 52-week low of $27.40 after closing Thursday at $35.28. The stock’s 52-week high is $136.45. Volume was more than six times the daily average of about 2 million shares. The company reported weaker-than-expected results along with downbeat guidance.
Mannkind Corp. (NASDAQ: MNKD) traded down about 34% Friday to set a new 52-week low of $0.99. Shares closed at $1.50 on Thursday, and the 52-week high is $6.96. Volume was about five times the daily average of around 2 million. The struggling biopharma firm reported weak earnings last night.
Western Digital Corp. (NASDAQ: WDC) dropped about 1.8% Friday to set a new 52-week low of $67.33. Shares closed at $68.52 on Thursday and the stock’s 52-week high is $106.96. Volume was about equal to the daily average of around 3.9 million.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
