Ensco plc (NYSE: ESV) dropped about 9.1% on Thursday to establish a new 52-week low at $24.160 against a high of $55.89. Volume was about double the daily average of around 5.8 million shares. The offshore oil & gas drilling contractor reported weak results this morning.
CenterPoint Energy Inc. (NYSE: CNP) posted a new 52-week low on Thursday. Shares dropped about 3.4% to $20.83 from Wednesday’s closing price of $21.57. The stock’s 52-week high is $54.00 Volume is about 25% higher than the daily average of around 4 million shares. Another utility that has posted disappointing results.
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) dropped about 5.6% on Thursday to post a new 52-week low of $46.85 after closing at $49.63 on Wednesday. The stock’s 52-week high is $124.42 Share volume was nearly double the daily average of around 2.3 million shares traded. The China-based Internet and mobile services company had no specific news again today, but still suffers from lowered earnings estimates and a stock downgrade.
Abercrombie & Fitch Co. (NYSE: ANF) dropped about 7% on Thursday to post a new 52-week low of $23.12 after closing at $24.86 on Wednesday. The stock’s 52-week high is $45.50. Share volume was nearly 60% above the daily average of around 2.5 million shares traded. The teen retailer is fighting a case in the U.S. Supreme Court and took a ratings cut as well this morning.
ALSO READ: Cities Where Crime Is Plummeting
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.