Coupons.com Inc. (NYSE: COUP) may have bounced off a bottom today. Shares fell about 3.8% to a new 52-week low of $11.78 compared with the stock’s 52-week high is $33.00. Volume is about double the daily average of around 385,000 shares traded. Late on Friday afternoon the shares are up 4% at $12.73.
Transocean Ltd. (NYSE: RIG) dropped about 2.6% on Friday to post a new 52-week low of $37.67. Volume is about equal to the daily average of around 5 million shares. The company reported fleet status this morning and downtime has increased. Hero Offshore had a bigger drop yesterday when its fleet status report showed a declining backlog. Transocean’s 52-week high is $55.74.
Diamond Offshore Drilling Inc. (NYSE: DO) dropped nearly 2% on Friday to post a new 52-week low of $43/16. The offshore driller reported was very likely pulled down by Transocean’s weak report on fleet status. Share volume is about half the daily average of around 1.4 million. The stock’s 52-week high is $66.34.
UTi Worldwide Inc. (NASDAQ: UTIW) dropped about 5.3% to hit a new 52-week low of $9.00 today. The logistics company warned on a possible debt default in late February and the share price tumbled by a third. UTi has never really recovered from that. The stock’s 52-week high is $17.70. Trading volume today is nearly 3-times the daily average of around 1.3 million shares.
ALSO READ: 10 States Struggling With Delinquent Debt
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? 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 guide you through the financial decisions you’re making. 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.