Chesapeake Energy Corp. (NYSE: CHK) dropped about 8.5% on Tuesday to post a new 52-week low at $9.40 after closing at $10.27 on Monday. The stock’s 52-week high is $27.97. Share volume totaled more than 38 million, approaching double the daily average of around 22 million shares traded. The company announced today that it is cancelling its $0.35 annual dividend.
Intel Corp. (NASDAQ: INTC) dropped about 1.5% on Tuesday to post a new 52-week low of $28.67 after closing at $29.10 on Monday. The stock’s 52-week high is $37.90. Share volume totaled over 32 million shares, about 10% above the daily average of around 30 million. The chipmaker had no specific news today.
Alcoa Inc. (NYSE: AA) posted a new 52-week low on Tuesday. Shares dropped about 0.4% to a low of $10.16from Monday’s closing price of $10.20. The stock’s 52-week high is $17.75. Volume totaled around 21 million shares, about 10% above the stock’s daily average of around 19 million. The aluminum producer had no specific news today.
EMC Corp. (NYSE: EMC) dropped about 0.7% on Tuesday to post a new 52-week low of $24.80 against a 52-week high of $30.92. The stock closed at $24.98 on Monday night. Volume totaled nearly 11 million shares, about 15% below the daily average of 13.4 million. The company is scheduled to report earnings before markets open Wednesday morning.
ALSO READ: America’s Most Violent (and Most Peaceful) States
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
