Avon Products Inc. (NYSE: AVP) dropped about 1.3% on Wednesday to post a new 52-week low of $6.67 after closing at $6.76 on Tuesday. The stock’s 52-week high is $15.10. Share volume was about 30% lower than the daily average of around 13.3 million shares traded. The company had no specific news today.
CenterPoint Energy Inc. (NYSE: CNP)) dropped about 1% on Wednesday to post a new 52-week low of $19.63 against a 52-week high of $25.75. The stock closed at $19.79 on Tuesday night. Volume was about 45% above the daily average of around 3.9 million shares. The utility company posted lower-than-expected results on Monday and shares keep dropping as a result.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) posted a new 52-week low on Wednesday. Shares dropped 4.4% to $18.90 from Tuesday’s closing price of $19.78. The stock’s 52-week high is $5.64. Volume was about equal to the daily average of around 3.8 million shares. The resort and casino operator is getting beaten up over the drop in Macau gambling.
Michael Kors Holdings Ltd. (NYSE: KORS) dropped about 2.2% on Wednesday to post a new 52-week low of $60.77 after closing at $62.15 on Tuesday. The stock’s 52-week high is $98.96. Share volume was about a 20% below the daily average of around 2.9 million shares traded. The company had no specific news today, but the stock was likely reacting to a weak report from competitor Ralph Lauren.
ALSO READ: The States With the Highest (and Lowest) Obesity Rates
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.
Latest from 24/7
