Investing

The 52-Week Low Club for Friday

down market
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December 19, 2014: Here are four stocks among the 55 equities making new 52-week lows today.

Ascena Retail Group Inc. (NASDAQ: ASNA) posted a new 52-week low on Friday of $11.52. Based on Thursday night’s closing price of $11.91 that’s a drop of about 3.3%. The stock’s 52-week high is $23.14. Trading was about equal to the stock’s average daily volume of around 2 million shares traded. The specialty retailer had no specific news today..

Finish Line Inc. (NASDAQ: FINL) dropped nearly 22% Friday to post a new 52-week low of $22.62. The stock’s 52-week high is $31.90. Volume rose to about 7-times the daily average of around 900,000 shares. The shoe retailer posted a quarterly loss this morning and lowered its outlook.

ImmunoGen Inc. (NASDAQ: IMGN) dropped more than 50% on Friday to post a new 52-week low of $5.36 after closing at $10.85 on Thursday. The stock’s 52-week high is $17.80. Share volume is about 14-times the 1.2 million daily average shares traded. The company’s stock took a beating following a report from Roche Holdings of disappointing results in a trial of a breast cancer treatment.

Stratasys Ltd. (NASDAQ: SSYS) posted a drop of about 2.6% Friday after dropping 5% on Thursday to establish another new 52-week low at $76.60 against a high of $138.10. Volume was about 20% higher than the daily average of around 1.3 million shares. The company had no specific news again today.

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