Investing
Mannkind, Tesaro Can't Escape Monday's 52-Week Low Club
Published:
Last Updated:
August 6, 2018: Here are four stocks trading with heavy volume among 96 equities making new 52-week lows in Monday’s session. On the NYSE advancers led decliners by about 1.44 to 1 and on the Nasdaq, advancers led decliners by about 1.56 to 1.
Mannkind Corp. (NASDAQ: MNKD) traded down about 14.8% Monday to set a new 52-week low of $0.98. Shares closed at $1.15 on Friday, and the 52-week high is $6.96. Volume was more than double the daily average of around 2.2 million. The struggling biopharma firm reported weak earnings Thursday night and is still suffering the effects.
Tesaro Inc. (NASDAQ: TSRO) traded down about 5% Monday to post a new 52-week low of $25.62 after closing Friday at $26.97. The stock’s 52-week high is $136.45. Volume was about double the daily average of about 2.1 million shares. The company reported weaker-than-expected results last week.
ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) traded down about 10.6% Monday and posted a new 52-week low of $13.60 after closing Friday at $15.22. The stock’s 52-week high is $41.20. Volume totaled around 4.4 million, about 70% above the daily average.
Diebold Nixdorf Inc. (NYSE: DBD) dropped about 10.7% Monday to set a new 52-week low of $6.25. Shares closed at $7.00 on Friday and the stock’s 52-week high is $23.50. Volume was more than double the daily average of around 1.8 million.
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.