Youku Tudou Inc. (NYSE: YOKU) dropped about 12% on Friday to post a new 52-week low of $13.31 after closing at $15.15 on Thursday. The stock’s 52-week high is $30.95. Share volume was 5-times the daily average of around 1.5 million shares traded. The Chinese online video company posted weak results on Thursday and revealed that the SEC is look at some aspects of its accounting procedures.
Tidewater Inc. (NYSE: TDW)) dropped about 3.7% on Friday to post a new 52-week low of $20.43 against a 52-week high of $56.98. Shares closed at $21.27 Thursday night. Volume was about 60% above the daily average of around 1.2 million shares. The offshore service company saw its shares drop 8% on Thursday after Venezuela said it would seek to get a payment it has been order to pay the company reduced.
TIM Participacoes SA (NYSE: TSU) posted a new 52-week low on Fridday. Shares dropped about 1.7% to $17.46 from Thursday’s closing price of $17.87. The stock’s 52-week high is $30.52. Volume is more than double the daily average of around 1 million shares. The Brazilian wireless carrier reporte worse-than-expected results on Thursday.
Weight Watchers International Inc. (NYSE: WTW) dropped about 9.6% on Friday to post a new 52-week low of $8.51 after closing at $9.41 on Thursday. The stock’s 52-week high is $29.84. Share volume reached about 30% above the daily average of around 1.5 million shares traded. The nutrition and weight loss company had no specific news today..
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