Investing

The 52-Week Low Club

Lennar (LEN), Hovnanian (HOV), and Beazer Homes (BZH). Forget the stock price. Each has lost about 50% of its market value of the last year.

Journal Register (JRC) Newspaper chain. Down to $4.41 from 52-week high of $8.60.

Psivida (PSDV) Biotech announces placement to raise $16.3 million. Shares fall to $1.17 from 52-week high of $3.14.

Trump Entmt Resorts (TRMP) Attempt to sell casino company fails. Shares drop to $10.05 from 52-week high of $23.80.

Packeteer (PKTR) The developer of bandwidth management systems gets a visit from the IRS. They want more cash. Piper Jaffray downgrades. Shares fall to $7.33 from 52-week high of $13.96.

Douglas A. McIntyre

 

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