Altisource Portfolio Solutions SA (NASDAQ: ASPS) posted a new 52-week low on Monday of $30.72. Based on Friday night’s closing price of $47.54 that’s a drop of about 35%. The stock’s 52-week high is $164.92. Volume is about 5-times the daily average of around 480,000 share. The company’s board chairman, who was also the executive chairman at Ocwen, resigned this morning.
Finish Line Inc. (NASDAQ: FINL) dropped about 4% Monday after falling 22% on Friday to post a new 52-week low of $22.41. The stock’s 52-week high is $31.90. Volume rose to more than double the daily average of around 990,000 shares. The shoe retailer posted a quarterly loss and lowered its outlook Friday morning. The effects are lingering.
Ocwen Financial Corp. (NYSE: OCN) dropped more than 31% on Monday to post a new 52-week low of $15.04 after closing at $21.90 on Friday. The stock’s 52-week high is $56.82. Share volume is about 7-times the 3.3 million daily average shares traded. The company has agreed to pay a fine of $150 million and the company’s executive chairman was required to resign from Ocwen. He also resigned board seats at Altisource and other companies today.
SeaDrill Partners LLC (NYSE: SDLP) posted a drop of about 6.7% Monday after dropping to establish a new 52-week low at $14.60 against a high of $36.07. Volume was about equal to the daily average of around 570,000 shares. The company had no specific news again today.
ALSO READ: America’s Most (and Least) Healthy States
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
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
