Vale SA (NYSE: VALE) dropped about 2.3% on Thursday to post a new 52-week low of $5.45 after closing at $5.58 on Wednesday. The stock’s 52-week high is $15.59. Share volume totaled about 35 below the daily average of around 28.9 million shares traded. The Brazilian mining giant had no news today.
Michael Kors Holdings Ltd. (NYSE: KORS) dropped about 1.4% on Thursday to post a new 52-week low of $63.21 against a 52-week high of $98.96. Shares closed at $64.08 Wednesday night. Volume was about a third lower than the daily average of around 3.7 million shares. The high-end apparel maker had no news today. The once high-flying stock is down 15% year-to-date and nearly double that over the past 12 months.
Garmin Ltd. (NASDAQ: GRMN) posted a new 52-week low on Thursday. Shares dropped about 2.4% to $45.93 from Wednesday’s closing price of $47.07. The stock’s 52-week high is $62.05. Volume is about 25% below the daily average of around 1.6 million shares. Goldman Sachs downgraded the stock from Buy to Neutral and cut the price target from $63 to $54. Today is the second day in a row for a new 52-week low on the stock.
Ocera Therapeutics Inc. (NASDAQ: OCRX) dropped about 19% on Thursday to post a new 52-week low of $3.78 after closing at $4.69 on Wednesday. The stock’s 52-week high is $10.79. Share volume was about 6-times the daily average of around 100,000 shares traded. The clinical stage biopharma company yesterday reported no safety issues with its treatment for hepatic encephalopathy, but will expand the study believing that it will “enhance the likelihood of achieving a positive result.”
ALSO READ: The Most Iconic Job in Each State
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
