Investing

52-Week Low Club (LNG, CCE, GEOY, HANS, IPAS, KNOT, TDSC, VLO)

Cheniere Energy, Inc. (AMEX: LNG) can thank its earnings or lack thereof today for its implosion.  Shares were down well over 20% at last look around $5.78, while its 52-week trading range was $6.46 to $43.50.

Coca-Cola Enterprises Inc. (NYSE: CCE) was down less than 1% at $21.48 in the last hour; prior 52-week range was $21.55 to $27.09. Who would have guessed that bottling Coke and other drinks would result in this. 

GeoEye, Inc. (NASDAQ: GEOY) suffering from geospatial imaging sector woes.  While this was well above the 52-week lows, it has been more volatile than plastique in a lightning storm, and shares went as low as $16.05 today; Prior range $17.00 to $37.37.

Hansen Natural Corp. (NASDAQ: HANS) shares fell another 5% to $28.50 in the last hour but shares were as low as $28.20.  This one is making the list more than just once now.  The short sellers that bet against this one probably feel like they are monsters in their own right.

iPass Inc. (NASDAQ: IPAS) fell sharply after earnings and subsequent downgrades.  Shares were down 16% at $2.15 in teh last hour; prior 52-week range was $2.43 to $5.69.  Selling wi-fi spots probably is going to be tough once WiMAX does really hit the U.S.  Looks like the only thing people are passing at iPass is gas.

The Knot Inc. (NASDAQ: KNOT) was down almost 15% at $9.93 last in the day after posting a 65% drop in earnings.  Maybe bridezillas are not doing research anymore or maybe they are just using wedding planners.  Either way, you know when times are tough people don’t go as extravagant on weddings.  Presumable that ad spending might be down too.

3D Systems Corp. (NASDAQ: TDSC) won "the daily fugly" award after its earnings report.  In the last hour shares were down almost 40% at $8.67; prior 52-week trading range was $11.51 to $26.50.   3-D is tough to explain to blind people.

Valero Energy Corp. (NYSE: VLO) seems counterintuitive with screaming oil prices, but its power costs and energy demands are costing more and more and it can’t pass the costs along.  Shares were at $44.70 at the end of the day and the prior 52-week trading range was $44.94 to $78.68.

Jon C. Ogg
May 9, 2008

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.