Investing

The 52-Week Low Club 9/15/2008 (LEH)(AIG)(ACLS)(ESLR)(GE)

Sad_clownLehman (LEH) is bankrupt. Its stock plunged to $.15 from $67.73.

AIG (AIG) fears that it will be the next to fail. It drops to $3.50 from a 52-week high of $70.13.

Axcelis Technologies’ (ACLS) buyout plan by Sumitomo Heavy Industries is killed. The stock plunges to $1.25 from 52-week high of $6.04.

Evergreen Solar (ESLR) declines as falling oil prices are hurting alternative energy. The stock sells off to $4.47 from a 52-week high of $18.85

GE (GE) falls on concerns about GE Capital. It drops to $23.01 from 52-week high of $42.15

Douglas A. McIntrye

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