Investing

The 52-Week Low Club for Wednesday

M

down market
Thinkstock
ay 6, 2015: Here are four stocks among the 113 equities making new 52-week lows today. Three of the four are repeats from yesterday’s list.

Noodles & Co. (NASDAQ: NDLS) dropped about 22% on Wednesday to post a new 52-week low of $16.14 against a 52-week high of $35.82. The stock closed at $20.71 on Tuesday night. Volume was about 4-times the daily average of around 780,000 shares. The restaurant operator reported a loss yesterday and cut its guidance, a sure path to a bad trading day.

Fossil Group Inc. (NASDAQ: FOSL) dropped more than 11% on Wednesday to post a new 52-week low of $76.43 after closing at $86.46 on Tuesday. The stock’s 52-week high is $115.20. Share volume was more than 6-times the daily average of around 1.2 million shares traded. The company reported earnings today and shares were hammered as revenues fell short. It appears that the strong dollar gets the blame, and not the Apple Watch.

3D Systems Corp. (NYSE: DDD) posted a new 52-week low on Wednesday. Shares dropped about 8.2% to $22.22 from Tuesday’s closing price of $24.21. The stock’s 52-week high is $69.56. Volume was about double the daily average of around 2.6 million shares. The company reported poor sales this morning and withdrew its previous guidance.

Avon Products Inc. (NYSE: AVP) dropped about 3.2% on Wednesday to post a new 52-week low of $6.97 after closing at $7.20 on Tuesday. The stock’s 52-week high is $15.10. Share volume was about 30% below the daily average of around 13.5 million shares traded. The cosmetics firm was hit by a report that it’s efforts to find a buyer for some or all of the company have so far been unsuccessful.

ALSO READ: 15 Companies Losing the Most Money

The Average American Is Losing Momentum on 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. Checking accounts are even worse.

But there is good news. To win qualified customers, some accounts are paying nearly 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.

* https://www.fdic.gov/national-rates-and-rate-caps

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

AI Portfolio

Discover Our Top AI Stocks

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.