CBS Outdoor Americas Inc. (NYSE: CBSO) dropped nearly 15% today to post a new 52-week — and all-time — low of $26.14. The stock’s 52-week high is $35.69. Volume is about equal to the daily average of around 1.4 million shares. The billboard company has moved back to a gain on the day after posting the new low. The company had no specific news today.
Cnooc Ltd. (NYSE: CEO) dropped about 2.6% on Tuesday to post a new 52-week low of $146.43 after closing at $150.35 on Monday evening. The stock’s 52-week high is $206.99. Share volume is about 10% above the 180,000 daily average shares traded. The China-based oil company had no news today.
Helmerich & Payne Inc. (NYSE: HP) posted a new 52-week low on Tuesday of $76.26. Based on Monday night’s closing price of $78.25 that’s a drop of about 2.5%. The stock’s 52-week high is $118.95. Trading volume is about 15% above the daily average of around 1.5 million shares. The contract drilling company missed profit estimates last night and is one of 10 stocks we highlighted earlier today that won’t be saved by the bull market.
Urban Outfitters Inc. (NASDAQ: URBN) posted a drop of about 9.5% today to post a new 52-week low of $27.90 against a 52-week high of $40.67. Volume approached 4-times the daily average of around 2.4 million shares. The company posted weak earnings last night and is another of our 10 stocks that won’t be saved by the bull market.
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