Investing

The 52-Week Low Club for Thursday

down market
Thinkstock
March 12, 2015: Here are four stocks among the 98 equities making new 52-week lows today.

Peabody Energy Corp. (NYSE: BTU) dropped about 6% on Thursday to post a new 52-week low of $5.75 against a high of $19.63. Volume was about 40% below the daily average of around 12 million shares. The coal miner took a couple of downgrades on Tuesday and the fallout continues.

CONSOL Energy Inc. (NYSE: CNX) dropped about 7% on Thursday to post a new 52-week low of $26.70 after closing at $28.70 on Wednesday. The stock’s 52-week high is $48.30. Share volume was nearly triple the daily average of around 3.3 million shares traded. Another coal company gets beaten up today, but CONSOL is also taking some lumps on lower natural gas prices.

Petroleo Brasileiro SA (NYSE: PBR) posted a new 52-week low on Thursday. Shares dropped about 2.4% to $5.18 from Wednesday’s closing price of $5.41. The stock’s 52-week high is $20.94. Volume is about 35% below the daily average of around 44 million shares. The Brazilian oil company’s price target was lowered at Cowen today — and then there are the low crude oil prices.

Wynn Resorts Ltd. (NASDAQ: WYNN) dropped about 1.2% on Thursday to post a new 52-week low of $125.12 after closing at $126.63 on Wednesday. The stock’s 52-week high is $240.97. Share volume was about 10% above the daily average of around 2 million shares traded. All the casino and resort stocks with operations are getting slammed on weakness in Macau – today was Wynn’s turn. Macau revenues could tumble by nearly 50% this month according to one report.

ALSO READ: 10 Disappearing Middle Class Jobs

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

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