Hewlett- Packard Co. (NYSE: HPQ) dropped about 1.3% on Monday to post a new 52-week low of $31.00 after closing at $31.40 on Thursday. The stock’s 52-week high is $41.10. Share volume totaled about half the daily average of around 13.7 million shares traded. The tech giant turned the early setback around and is headed for a close on Monday at around $32.
Apollo Education Group Inc. (NASDAQ: APOL) dropped about 3.9% on Monday to post a new 52-week low of $17.73 after closing at $18.44 on Thursday. The stock’s 52-week high is $34.55. Share volume was about 30% above the daily average of around 1.7 million shares traded. The for-profit higher education company had no news today.
Michael Kors Holdings Ltd. (NYSE: KORS) dropped about 0.5% on Monday to post a second consecutive 52-week low at $63.06 against a 52-week high of $98.96. Shares closed at $63.39 Thursday 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, and the share price turned above the break-even line during the morning session today.
Garmin Ltd. (NASDAQ: GRMN) posted another new 52-week low on Monday. Shares dropped about 4.1% to $44.58 from Thursday’s closing price of $46.49. The stock’s 52-week high is $62.05. Volume is about equal to the daily average of around 1.7 million shares. Citi on Monday followed Goldman Sachs lead and downgraded the stock from Buy to Sell and cut the price target from $68 to $42. Today is the third day in a row for a new 52-week low on the stock. Analysts are concerned that the company’s fitness watches are an endangered species with the release into the wild of the Apple Watch.
ALSO READ: The Healthiest (and Least Healthy) Countries in the World
The Average American Is Losing Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.
Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.
But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
