Groupon Inc. (NASDAQ: GRPN) dropped about 3.3% on Tuesday to post a new 52-week low at $5.26 after closing at $5.44 on Monday. The stock’s 52-week high is $8.43. Share volume totaled more than 12 million, about 40% above the daily average of around 9.5 million shares traded. The company had no specific news today.
CONSOL Energy Inc. (NYSE: CNX) dropped about 2% on Tuesday to post a new 52-week low of $23.28 against a 52-week high of $47.19. The stock closed at $23.76 on Monday night. Volume totaled around 3.2 million shares, very close to the daily average of 3.3 million. CONSOL is expected to price its spin-off coal MLP initial public offering tomorrow.
NRG Yield Inc. (NYSE: NYLD) dropped nearly 8% on Tuesday to post a new 52-week low of $22.62 after closing at $24.58 on Monday. The stock’s 52-week high is $28.11. Share volume totaled more than 2.5 million shares, more than 3 times the daily average of around 730,000. The company was hit with another shareholder lawsuit today related to the alleged sale of counterfeit goods. Late yesterday the company launched an offering of 24.5 million common stock and of $250 million in convertible senior notes.
Wynn Resorts Ltd. (NASDAQ: WYNN) posted a new 52-week low on Tuesday. Shares dropped about 3.2% to a low of $97.76 from Monday’s closing price of $100.95. The stock’s 52-week high is $220.50. Volume totaled around 3 million shares, about 25% more than the stock’s the daily average of around 2.4 million. Investors have the jitters over Macau’s June revenue report, due out next week.
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