The 52-Week Low Club (SIRI, XMSR, C, BAC, AIG, LEA, RAD, GM, OSK, UAUA)

Investing

Published: June 26, 2008 2:45 pm

Oshkosh (OSK) Comes out with extremely week outlook. Sells down to $22.20 from 52-week high of $65.83.

GM (GM) Big sell rating and possible credit rating downgrade. Economy catches up to Detroit. Makes multiyear low at $11.10 down from 52-week high of $43.20.

Rite Aid (RAD) Larger than expected loss. Sells off to to $1.39 from 52-week high of $6.51.

Lear Corporation (LEA) Auto supplier in a bad auto market. Screams down to $14.25 from 52-week high of $41.33.

Bank of America (BAC) Series of negative comments from brokerages about money center banks. Wall Street also does not like Countrywide (CFC) deal. Sells down to $25.01 from 52-week high of $52.96.

Citigroup (C) Wall St. estimates another $9 billion in write-offs in Q2. Drops to $17.53 from 52-week high of $52.97.

XM Satellite Radio (XMSR) Concerns about viability, merger or not. Drops to $7.33 from 52-week high of $16.44

Sirius (SIRI) Ditto. Dips to $1.80 from 52-week high of $3.94

AIG (AIG) Investors looking for more huge write-offs. Tumbles to $28.26 from 52-week high of $70.97

United (UAUA) Oil prices top $140 a barrel. Sell down to $5.25 from 52-week high of $51.60

Douglas A. McIntyre

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