Iconix Brand Group Inc. (NASDAQ: ICON) dropped nearly 20% on Monday to post a new 52-week low of $25.713 against a high of $44.81. The stock closed at $32.031 on Friday night. Volume was nearly 15-times the daily average of around 1 million shares. The company’s COO resigned late Friday and the company said it will not replace him.
Ampio Pharmaceuticals Inc (NYSEMKT: AMPE) also posted a new 52-week low on Monday. Shares dropped about 72% to $2.49 from Friday’s closing price of $7.87. The stock’s 52-week high is $9.01. Volume is more than 20-times above the daily average of around 800,000 shares. The company’s pain drug from osteoarthritis failed to reach a primary endpoint in a late-stage study.
Michael Kors Holdings Ltd. (NYSE: KORS) dropped about 3.2% on Monday to post a new 52-week low of $61.22 after closing at $63.25 on Friday. The stock’s 52-week high is $98.96. Share volume was about a third higher than the daily average of around 3.37 million shares traded. The company received a downgrade from Buy to Neutral at Mizuho this morning.
Lexington Realty Trust (NYSE: LXP) dropped fractionally on Monday to post a new 52-week low of $9.49 after closing at $9.51 on Friday. The stock’s 52-week high is $11.75. Share volume was about 15% below the daily average of around 1.95 million shares shares traded. The REIT had no specific news today.
ALSO READ: States Using the Most Mind-Altering Drugs
The Average American Has No Idea How Much Money You Can Make Today (Sponsor)
The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.
But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.