Investing

The 52-Week Low Club for Wednesday

down market
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June 3, 2015: Here are four stocks among the 39 equities making new 52-week lows today.

Peabody Energy Corp. (NYSE: BTU) dropped 11.6% on Wednesday to post a new 52-week low of $3.05 after closing at $3.45 on Tuesday. The stock’s 52-week high is $17.21. Share volume was around 14 million shares, well above the daily average of about 13.3 million shares traded. The company said today that it is cutting production of its Australian metallurgical coal by 1.5 million tons.

Violin Memory Inc. (NASDAQ: VMEM) posted a new 52-week low on Wednesday. Shares dropped about 13.6 to $2.72 from Tuesday’s closing price of $3.16. The stock’s 52-week high is $5.55. Volume totaled about 3.5 million shares, below the daily average of around 4.2 million shares. The company missed quarterly estimates when it reported results after markets closed on Tuesday.

Spirit Realty Capital Inc. (NYSE: SRC) dropped about 2% on Wednesday to post a new 52-week low of $10.65 after closing at $10.87 on Tuesday. The stock’s 52-week high is $13.00. Share volume totaled around 4.4 million, well below the daily average of around 5.5 million shares traded. The company had no specific news today.

Keurig Green Mountain Inc. (NASDAQ: GMCR) dropped about 1.3% on Wednesday to post a new 52-week low of $84.20 against a 52-week high of $158.87. The stock closed at $85.34 on Tuesday night. Volume reached about 2.4 million shares, around 15% above the daily average of around 2 million shares. The company had no specific news today.

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