Conn’s Inc. (NASDAQ: CONN) dropped nearly 31% on Tuesday following an announcement that the company is lowering its forecast. The company furniture, appliance, and electronics retailer also reported that 8.7% of its outstanding customer financing balance is more than 60 days late.. The new 52-week low is $31.00. Share volume is about 17-times the daily average of around 720,000. The stock’s 52-week high is $80.34.
Diamond Offshore Drilling Inc. (NYSE: DO) dropped about 2.5% today to post a new 52-week low of $42.85 compared with the stock’s 52-week high of $65.62. The offshore drilling company had no news today. Volume is about 35% below the daily average of around 1.4 million shares traded.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) dropped more than 7% today to post a new 52-week low of $26.28. The stock traded more than double the average daily volume of around 3.8 million shares and the 52-week high is $45.70. The casino and resort operator trades down on the August report that Macau gambling revenue is down for the third month in a row. Shares are down nearly 30% for the year to date.
Nu Skin Enterprises Inc. (NYSE: NUS) dropped about 7.2% today to post a new 52-week low of $41.50. Volume is nearly 4-times the daily average of around 1.3 million shares. The multilevel marketing firm had no news today but was slipping last week as well. The company’s 52-week high is $43.99 and the sock is down 67% in the first seven months of the year.
ALSO READ: Companies That Control the World’s Food
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
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.