Investing

Snap, Rite Aid Wallow in Tuesday's 52-Week Low Club

October 2, 2018: Here are four stocks trading with heavy volume among 173 equities making new 52-week lows in Tuesday’s session. On the NYSE decliners led advancers by about 1.83 to 1, and on the Nasdaq, decliners led advancers by about 2.08 to 1.

Lloyd’s Banking Group plc (NYSE: LYG) traded down about 3% Tuesday to post a new 52-week low of $2.93 after closing Monday at $3.02. The stock’s 52-week high is $4.21. Volume was more than four times the daily average of around 5.5 million shares. The company had no specific news.

Snap Inc. (NYSE: SNAP) traded down about 4.2% Tuesday to set a new 52-week low of $8.01 after closing at $8.36 on Monday. The stock’s 52-week high is $21.22. Volume was about 15% equal to the daily average of about 21.2 million. The company had no specific news.

Rite Aid Corp. (NYSE: RAD) dropped about 5% Tuesday to set a new 52-week low of $1.15. Shares closed at $1.21 on Monday and the stock’s 52-week high is $2.55. Volume was about 30% above the daily average of around 14 million. The company had no specific news.

Vodafone Group plc (NASDAQ: VOD) traded down about 2% Tuesday and posted a new 52-week low of $21.01 after closing Monday at $21.43. The stock’s 52-week high is $32.75. Volume was nearly three times the daily average of around 5.6 million. U.K. regulatory body Ofcom has launched an investigation related to Vodafone’s coverage claims for its 3G and 4G networks.

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