Vale SA (NYSE: VALE) dropped about 4% on Tuesday to post a new 52-week low of $5.56 after closing at $5.79 on Monday. The stock’s 52-week high is $15.59. Share volume totaled about half the daily average of around 28.5 million shares traded. The Brazilian mining giant had no specific news today.
Peabody Energy Corp. (NYSE: BTU) dropped nearly 11% on Tuesday to post a new 52-week low of $4.76 against a 52-week high of $19.63. Shares closed at $5.34 Monday night. Volume was about 15% above the daily average of around 11.5 million shares. The coal mining company had no specific news either today, but a Bloomberg report today on the coal glut weighed on the miners.
Philip Morris International Inc. (NYSE: PM) posted a new 52-week low on Tuesday. Shares dropped about 1.8% to $75.50 from Monday’s closing price of $76.86. The stock’s 52-week high is $91.63. Volume is about 10% below the daily average of around 5.5 million shares. The maker of Marlboro cigarettes for the non-U.S. market could be facing profit concerns due to the the strong dollar..
Vaalco Energy Inc. (NYSE: EGY) dropped about 27% on Tuesday to post a new 52-week low of $2.28 after closing at $3.13 on Monday. The stock’s 52-week high is $9.67. Share volume was about 4-times the daily average of around 1.2 million shares traded. The oil and gas production firm reported that a new well offshore of Angola will be plugged and abandoned after it produced high water volumes.
ALSO READ: The Most Iconic Job in Each State
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.