Applied Materials Inc. (NASDAQ: AMAT) posted a new 52-week low on Thursday. Shares dropped about 5% to a low of $17.64 from Wednesday’s closing price of $18.57. The stock’s 52-week high is $25.71. Volume totaled around 25 million shares, about 15% above the stock’s daily average of around 22 million. The semiconductor equipment maker raised its sales forecast out to 2018, but it might have been too little and too late.
Barrick Gold Corp. (NYSE: ABX) dropped about 4.5% on Thursday to post a new 52-week low at $9.22 after closing at $9.65 on Wednesday. The stock’s 52-week high is $19.36. Share volume totaled around 15 million, nearly 15% above the daily average of around 11.2 million shares traded. The company had no specific news today, but gold dropped another 0.3% today.
United States Steel Corp. (NYSE: X) dropped about 4.5% on Thursday to post a new 52-week low of $17.69 after closing at $18.52 on Wednesday. The stock’s 52-week high is $46.55. Share volume totaled nearly 11 million shares, about 50% above the daily average of around 7.8 million. The company had no specific news today.
Garmin Ltd. (NASDAQ: GRMN) dropped more than 11% on Thursday to post a new 52-week low of $41.19 against a 52-week high of $61.75. The stock closed at $46.40 on Wednesday night. Volume totaled nearly 10 million shares, about 8-times the daily average of 1.2 million. The company reported preliminary results after markets closed last night and offered a disappointing outlook.
ALSO READ: The 10 Most Oil-Rich States
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
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.