Peabody Energy Corp. (NYSE: BTU) dropped 7.7% on Monday to post a new 52-week low of $3.12 after closing at $3.38 on Friday. The stock’s 52-week high is $17.21. Share volume was around 10 million shares, far above the daily average of around 4.2 million shares traded. The company today enumerated its potential liabilities in the bankruptcy of Patriot Coal. Peabody was Patriot’s largest creditor.
Alcoa Inc. (NYSE: AA) posted a new 52-week low on Monday. Shares dropped about 1.7% to $12.29 from Friday’s closing price of $12.50. The stock’s 52-week high is $17.75. Volume totaled about 11.6 million shares, about half the daily average of around 25 million shares. The company had no specific news today.
Avon Products Inc. (NYSE: AA) dropped about 4.5% on Monday to post a new 52-week low of $6.42 after closing at $6.72 on Friday. The stock’s 52-week high is $15.10. Share volume totaled around 9.8 million, well below the daily average of around 15 million shares traded. The cosmetics maker had no news today.
Wynn Resorts Ltd. (NASDAQ: WYNN) dropped about 2.8% on Monday to post a new 52-week low of $97.89 against a 52-week high of $220.50. The stock closed at $100.69 on Friday night. Volume reached about 3.4 million shares, well above the daily average of around 2.6 million shares. The Macau gaming commission today reported that the island’s casino revenues dropped 37% year over year in May.
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