Castlight Health Inc. (NYSE: CSLT) dropped about 31% on Thursday to establish a new 52-week low at $6.54 against a high of $41.95. Volume was about 15-times the daily average of around 500,000 shares. The software company’s stock cut from Buy to Hold at Canaccord Genuity this morning, and the price target got slashed from $18 to $10 a share.
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) dropped about 5.8% on Thursday to post a new 52-week low of $51.63 after closing at $58.83 on Wednesday. The stock’s 52-week high is $124.42. Share volume was about double the daily average of around 2.4 million shares traded. The China-based Internet and mobile services company was downgraded from Buy to Hold at Jefferies yesterday and the price target was snipped to $67 a share.
Gulfmark Offshore Inc (NYSE: GLF) posted a new 52-week low on Thursday. Shares dropped about 6.5% to $16.15 from Wednesday’s closing price of $17.28. The stock’s 52-week high is $50.70. Volume is about double the daily average of around 700,000 shares. The offshore services provider for oil & gas exploration and production companies fell 9% on Wednesday after the company reported quarterly results.
The KEYW Holding Corp. (NASDAQ: KEYW) dropped about 18.3% on Thursday to post a new 52-week low of $8.08 after closing at $9.90 on Wednesday. The stock’s 52-week high is $23.09. Share volume was more than 4-times the daily average of around 365,000 shares traded. The cybersecurity company reported a net loss on Wednesday and the stock was downgraded by at least two analysts on Thursday.
ALSO READ: Companies Cutting the Most Jobs
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
