Investing
Caterpillar, Micron Plummet into Tuesday's 52-Week Low Club

Published:
Last Updated:
October 23, 2018: Here are four stocks trading with heavy volume among 728 equities making new 52-week lows Tuesday. On the NYSE decliners lead advancers by about 2.18 to 1, and on the Nasdaq, decliners led advancers by about 1.9 to 1.
Micron Technology Inc. (NASDAQ: MU) traded down about 5.9% Tuesday to post a new 52-week low of $37.41 after closing Monday at $39.76. The stock’s 52-week high is $64.66. Volume was about 15% above the daily average of around 36 million shares. The company had no specific news.
Citigroup Inc. (NYSE: C) traded down about 5.1% Tuesday to set a new 52-week low of $63.19 after closing at $66.59 on Monday. The stock’s 52-week high is $80.70. Volume was about double the daily average of around 14.6 million. The big bank had no specific news.
Caterpillar Inc. (NYSE: CAT) traded down about 10% Tuesday and posted a new 52-week low of $115.62 after closing Monday at $128.71. The stock’s 52-week high is $173.24. Volume was more than four times the daily average of around 4.8 million. Analysts and investors were not disappointed by results, but by a shaky outlook with rising costs and supply chain issues. https://247wallst.com/industrials/2018/10/23/why-caterpillar-is-getting-bulldozed-after-earnings/
Banco Santander SA (NYSE: SAN) dropped 0.6% Tuesday to set a new 52-week low of $4.65. Shares closed at $4.68 on Monday and the stock’s 52-week high is $7.57. Volume was nearly three times the daily average of around 6.8 million. The Madrid-based bank had no specific news.
Looking for a smarter way to tackle your credit card debt? A balance transfer card could be your ticket to financial freedom, finally eliminating your debt once and for all. We’ve assembled a list of the top balance transfer cards available today. Many offer a 0% introductory APR, giving YOU the chance to pay down your balance without the added cost of interest. Even better, many come with no annual fee—so you can focus on eliminating debt and keeping more money in your pocket. Click here to get started today.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.