Investing

The 52-Week Low Club (FRE)(WB)(MER)(TSO)

Freddie Mac (FRE) sells down 25% to $9.88 on concerns raising capital will wipe out shareholders. The company’s 52-week high is $67.20.

Wachovia (WB) Panic selling in financial shares knocks this down to $14.28 from 52-week high of $53.10.

Merrill Lynch (MER) falls on concerns the company may have to raise over $5 billion. Down to $29.44 from 52-week high of $89.23.

Tesoro  (TSO) Refining companies seeing margins squeezed. Drops to $17.24 from 52-week high of $65.98.

Douglas A. McIntyre

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

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