Investing
The 52-Week Low Club 8/20/2008 (FNM)(FRE)(MNI)(CC)(NVTL)
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Fannie Mae (FNM) Fear the mortgage firm will fail. Drops to $3.95 from 52-week high of $70.57.
Freddie Mac (FRE) Ditto. Sells down to $2.95 from 52-week high of $67.20.
McClatchy Newspapers (MNI) Newspaper firm turns in bad July ad revenue. Drops to $3.53 from 52-week high of $23.58.
Circuit City (CC) Market does not think retailer can find a buyer. Dips to $1.63 from 52-week high of $11.55.
Novatel Wireless (NVTL) Turns in a bad quarter. Collapses to $6.05 from 52-week high of $27.20.
Douglas A. McIntyre
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