Alpha Natural Resources Inc. (NYSE: ANR) dropped about 9.4% on Thursday to post a new 52-week — and all-time — low of $2.31. Share volume is more than double the daily average of around 8 million. The stock’s 52-week high is $8.30. Several coal miners made all-time lows today, and the declines in the mining, shipping, and offshore drilling and services businesses continue in near free-fall.
Chesapeake Energy Corp. (NYSE: CHK) dropped about 3% today to post a 52-week low of $23.21. The share price is down 5% year-to-date and the 52-week high is $29.92. Natural gas price forecasts have been dropping although prices rose above $4 per million BTUs after today’s report on the storage inventory. Share volume for Chesapeake today is about equal to the average daily of around 7.3 million shares.
KB Home (NYSE: KBH) dropped about 5.4% today to post a new 52-week low of $15.21. Volume is more than 3-times the daily average of around 3.4 million shares. The homebuilder’s stock was downgraded today following a weak earnings report yesterday. The stock’s 52-week high is $20.78.
The ExOne Co. (NASDAQ: XONE) sank to a new 52-week low on Thursday of $22.45. Based on Wednesday night’s closing price of $24.82 that’s a drop of more than 9.5%. The stock’s 52-week high is $70.25. Short interest in the 3D printer maker now tallies more than half the company’s float. Trading volume was 40% higher than the daily average of around 600,000 shares.
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