Investing

The 52-Week Low Club for Wednesday

April 29, 20

down market
Thinkstock
15: Here are four stocks among the 58 equities making new 52-week lows today.

Annaly Capital Management Inc. (NYSE: NLY) dropped about another 1.1% on Wednesday to post a new 52-week low of $10.04 against a high of $11.95. The stock closed at $10.15 on Tuesday night. Volume was about 25% above the daily average of around 7.6 million shares. The company had no specific news again today, but maybe investors are selling ahead of the firm’s earnings release set for a week from Friday.

Lumber Liquidators Inc. (NYSE: LL) also posted a new 52-week low on Wednesday. Shares dropped more than 20% to $26.54 from Tuesday’s closing price of $33.42. The stock’s 52-week high is $92.49. Volume is nearly double the daily average of around 5.4 million shares. The flooring manufacturer posted a loss this morning and that’s just the beginning of its troubles.

Stratasys Ltd. (NASDAQ: SSYS) dropped about 22.5% on Wednesday to post a new 52-week low of $39.75 after closing at $51.30 on Tuesday. The stock’s 52-week high is $130.83. Share volume was about 7-times the daily average of around 1.5 million shares traded. The company warned on first quarter earnings late on Tuesday.

Wynn Resorts Ltd. (NASDAQ: WYNN) dropped about 17% on Wednesday to post a new 52-week low of $108.27 after closing at $130.48 on Tuesday. The stock’s 52-week high is $222.33. Share volume was more than 6-times the daily average of around 2.2 million shares traded. The resort and casino operator posted a loss and cut its dividend after markets closed on Tuesday.

ALSO READ: The 20 Largest Privately Held Companies in America

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.