Investing

The 52-Week Low Club for Friday

down market
Thinkstock
May 1, 2015: Here are four stocks among the 88 equities making new 52-week lows today. Three of the four are repeats from yesterday’s list.

Nokia Corp. (NYSE: NOK) dropped another 1.8% on Friday to post a new 52-week low of $6.46 against a high of $8.73. The stock closed at $6.58 on Thursday night and has fallen by nearly 13.8% in the past two days. Volume was about 15% above the daily average of around 26 million shares. Investors and analysts remain concerned about the network division where profits fell  by 60% in the first quarter.

Yelp Inc. (NYSE: YELP) dropped another 2.2% on Friday to add to Thursday’s 24% drop and post a new 52-week low of $38.54 after closing at $39.39 on Thursday. The stock’s 52-week high is $86.88. Share volume was about 30% above the daily average of around 3.6 million shares traded. The local business business guide company missed estimates Wednesday night on its local advertising revenue and the stock is taking a serious beating.

MannKind Corp. (NASDAQ: MNKD) dropped about 3.5% on Friday to post a new 52-week low of $4.14 after closing at $4.29 on Thursday. Shares dropped 7.6% on Wednesday as well. The stock’s 52-week high is $11.48. Share volume was about 20% below the daily average of around 5.4 million shares traded. The company’s insulin inhaler got off to a slow start and shares have gotten hit over the past two days.

Zulily Inc. (NASDAQ: ZU) also posted a new 52-week low on Friday. Shares dropped 2.8% to $12.12 from Thursday’s closing price of $12.47. The stock’s 52-week high is $50.39. Volume was about 40% below the daily average of around 2.6 million shares. The company had no news today.

ALSO READ: The 20 Largest Privately Held Companies in America

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.