Investing

The 52-Week Low Club for Tuesday

down market
Thinkstock
August 26, 2014: Among the 23 stocks making new 52-week lows today were the following four firms:

Ampio Pharmaceuticals Inc. (NYSEMKT: AMPE) dropped nearly 5%% on Tuesday to post a new 52-week low of $4.82. The company’s shares started dropped 24% last Thursday following a delay in a STEP study for its osteoarthritis drug. Share volume is about double the daily average of around 840,000. The stock’s 52-week high is $10.86.

Eclipse Resources Corp. (NYSE: ECR) slipped another 2.4% today, adding to a decline of about 3% on Monday to post another new 52-week low of $17.26 compared with the stock’s 52-week high of $27.18. The high was posted on Eclipse’s IPO date and the stock is down more than 36% since the June 20th IPO. Volume is again about half the daily average of around 1.4 million shares traded.

Mattel Inc. (NYSE: MAT) dropped another 1.2% today to post a second consecutive 52-week low at $34.46 today. The toy maker had no news again today. Before yesterday’s new low, shares had posted their prior low on August 15th. The stock’s 52-week high is $47.94. Trading volume today is about 30% below the daily average of around 2.6 million shares.

Arcos Dorados Holdings Inc. (NYSE: ARCO) dropped about 1.7% today to post a new 52-week low of $7.08. Volume is about double the daily average of around 600,000 shares. The company is the Latin American operator for McDonald’s Corp. (NYSE: MCD) and was downgraded this morning at BofA/Merrill Lynch. The company’s 52-week high is $12.67.

ALSO READ: Companies That Control the World’s Food

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.