Bob Evans Farms Inc. (NASDAQ: BOBE) dropped about 2.2% on Friday as downgrades on the stock from earlier in the weak continue to send investors away. The new 52-week low is $42.81. Share volume is about 35% below the daily average of around 520,000. The stock’s 52-week high is $60.22.
Fred’s Inc. (NASDAQ: FRED) dropped about 6.5% today to post a new 52-week low of $14.06 compared with the stock’s 52-week high of $21.05. The discount retailer said it plans to close 60 stores that don’t have pharmacies as it tries to raise capital to speed up its pharmacy expansion. Volume is about equal to the daily average of around 200,000 shares traded.
Frontline Ltd. (NYSE: FRO) dropped about 11.6% today to post a new 52-week low of $1.99. Volume is more than double the daily average of around 900,000 shares. The tanker operator reported results on Thursday and today’s tumble marks the second consecutive annual low for the stock. Frontline said yesterday that it may have to restructure. The company’s 52-week high is $5.18.
Web.com Group Inc. (NASDAQ: WWWW) dropped nearly 2.5% today to post a new 52-week low of $18.68. The stock traded about 30% below the average daily volume of around 940,000 and the 52-week high is $37.72. The company posted a new low on August 1st and again yesterday. Ratings cuts and lower price targets spawned the early low, but there has been no big news since. Shares are down nearly 25% for the month of August.
ALSO READ: Companies That Control the World’s Food
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.