Investing

The 52-Week Low Club

Wellcare Health Plans (WCG) Regulators keep asking for more info and class action suits are beginning. Shares fall to $21.41 from 52-week high of $128.42.

Qwest Communications (Q) Big telecom company turns in ugly forecast. Shares fall to $6.94 from 52-week high of $10.45.

Rite Aid Corporation (RAD) Still dogged by high costs and low margins on generic drugs. Falls to $3.80 from 52-week high of $6.74.

American Medical Systems (AMMD) Lowers outlook for the year and is hit with downgrade. Drops to $11.89 from 52-week high of $33.18.

Openwave Systems (OPWV) Still slipping after last week’s earnings. Drops to $3.86 from 52-week high of $10.58.

Divx Inc (DIVX) Deal the company has with Google (GOOG) gets unpleasant amendment. Share move down to $12.24 from 52-week high of $31.89.

Douglas A. McIntyre

 

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