Investing

The 52-Week Low Club for Wednesday

down market
Thinkstock
February 25, 2015: Here are four stocks among the 37 equities making new 52-week lows today.

SodaStream International Ltd. (NASDAQ: SODA) dropped about 11% on Wednesday to establish a new 52-week low at $16.80 against a high of $47.30. Volume was about 6-times the daily average of around 500,000 shares. The home beverage dispenser maker posted weak revenues this morning and the stock was punished.

500.com Ltd. (NYSE: WBAI) posted a new 52-week low on Wednesday. Shares dropped nearly about 26% to $9.55 from Tuesday’s closing price of $12.83. The stock’s 52-week high is $54.00 Volume is more than 6-times the daily average of around 800,000 shares. Shares of the China-based online sports lottery service sank after the company reported that online sales had been suspended temporarily by some provincial governments.

Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) dropped about 4.3% on Wednesday to post a new 52-week low of $49.15 after closing at $51.38 on Tuesday. The stock’s 52-week high is $124.42 Share volume was about 40% higher than the daily average of around 2.5 million shares traded. The China-based Internet and mobile services company had no specific news today.

MagnaChip Semiconductor Corp. (NYSE: MX) dropped about 1.3% on Wednesday to post a new 52-week low of $5.42 after closing at $5.49 on Tuesday. The stock’s 52-week high is $15.72. Share volume was nearly 3-times the daily average of around 600,000 shares traded. The chipmaker restated results last week, leading to a downgrade, and general dissatisfaction with the stock..

ALSO READ: Cities Where Crime Is Plummeting

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

 

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

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.