Abercrombie & Fitch Co. (NYSE: ANF) dropped about 2.2% Wednesday to post a new 52-week low of $27.23. The stock’s 52-week high is $45.50. Volume is nearly triple the daily average of around 2.5 million shares. The teen retailer dipped early, but has recovered to gain more than 3% on the day after investors had a chance to digest the company’s quarterly earnings report.
Basic Energy Services Inc. (NYSE: BAS) dropped about 7.2% on Wednesday to post a new 52-week low of $6.97 after closing at $7.51 on Tuesday. The stock’s 52-week high is $29.84. Share volume is about double the 2.5 million daily average shares traded. The oilfield services firm said this morning that it has entered into an amended and restated revolving credit facility.
Laredo Petroleum Inc. (NYSE: LPI) posted a drop of about 2.1% today to establish a new 52-week low of $9.21 against a high of $31.23. Volume is about 3-times the daily average of around 3.4 million shares. The company’s stock was downgraded by two firms on Tuesday.
SeaDrill Ltd. (NYSE: SDRL) posted a new 52-week low on Wednesday of $13.12. Based on Tuesday night’s closing price of $13.38 that’s a drop of nearly 2%. The stock’s 52-week high is $42.16. Trading volume is about 40% higher than the daily average of around 11 million shares. The offshore driller is rated at Sell Speculative Risk by Zephirin Group.
ALSO READ: Crude Oil Drops Below $64 a Barrel
Are You Ahead, or Behind on Retirement? (sponsor)
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention.
Finding a financial advisor who puts your interest first can be the difference between a rich retirement and barely getting by, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been carefully vetted, and must act in your best interests. Start your search now.
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
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.