Investing

The 52-Week Low Club for Wednesday

down market
Thinkstock
August 6, 2014: Stocks making new 52-week lows today included the following four firms.

Rocket Fuel Inc. (NASDAQ: FUEL) saw shares fall to a new 52-week low of $17.42 after cutting its outlook when it reported earnings after markets closed last night. The stock’s post-IPO high is $71.89. The stock traded more than 6-times its daily average number of shares today, with nearly 5 million shares changing hands. Shares were trading down about 29.5% in the last hour of trading Wednesday.

Nu Skin Enterprises Inc. (NYSE: NUS) posted a new 52-week low of $43.50 on Wednesday and was down nearly 20% in the last hour of the day’s session. The 52-week high is $140.50. The company expects that rebuilding its multi-level marketing business in China is going to be slow. The statement also dropped peer Herbalife Ltd. (NYSE: HLF) to a new 52-week low. Nu Skin’s share volume was more than 10-time its daily average.

Sprint Corp. (NYSE: S) traded down nearly 19% in the last hour of trading on Monday after the company said it was withdrawing from acquisition talks with T-Mobile US Inc. (NYSE: TMUS). The stock’s new 52-week range is $5.83 to $11.47.

Scientific Games Corp. (NASDAQ: SGMS) dropped about 11% today and posted a new 52-week low of $7.37. The 52-week high is $19.48. After agreeing last Friday to acquire competitor Bally Technologies Inc. (NYSE: BYI) for about $5.1 billion in cash and assumed debt the slot-machine maker’s shares have lost nearly 30% of their value.

ALSO READ: Cars So Hot They Are Out of Stock 2014

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

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