WPX Energy Inc. (NYSE: WPX) posted a new 52-week low on Friday. Shares dropped about 10.3% to a low of $9.73 from Thursday’s closing price of $10.34. The stock’s 52-week high is $26.79. Volume totaled around 45 million shares, almost 10-times the stock’s daily average of around 4.8 million. The energy producer price a secondary share offering and a convertible stock offering today.
Barrick Gold Corp. (NYSE: ABX) dropped about 6.8% on Friday to post a new 52-week low at $8.61 after closing at $9.24 on Thursday. The stock’s 52-week high is $19.36. Share volume totaled around 21 million, nearly double the daily average of around 11.4 million shares traded. The company had no specific news today, but gold settled at a 5-year low today.
Freeport-McMoRan Inc. (NYSE: FCX) dropped about 4.6% on Friday to post a new 52-week low of $15.55 after closing at $16.30 on Thursday. The stock’s 52-week high is $39.05. Share volume totaled over 15 million shares, about 2 million shares below the daily average of around 17 million. Another gold miner that got hit hard today.
Alcoa Inc. (NYSE: AA) dropped about 1.4% on Friday to post a new 52-week low of $10.36 against a 52-week high of $17.75. The stock closed at $10.51 on Thursday night. Volume totaled about 13 million shares, about 30% below the daily average of 19 million. The company had no specific news today.
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