Freeport-McMoRan Inc. (NYSE: FCX) dropped about 6.4% on Monday to post a new 52-week low of $11.50 after closing at $12.29 on Friday. The stock’s 52-week high is $38.26. Share volume totaled around 46 million shares, about two and a half times the daily average of around 18 million. Shares rose this morning on news of a renewed export deal with Indonesia, but the shares turned back south at around noon.
Sprint Corp. (NYSE: S) posted a new 52-week low on Monday. Shares dropped about 10% to a low of $3.10 from Friday’s closing price of $3.44. The stock’s 52-week high is $8.20. Volume totaled around 43 million shares, more than double the stock’s daily average of around 17.5 million. The company had no specific news today.
Intel Corp. (NASDAQ: INTC) dropped about 1.6% on Monday to post a new 52-week low at $27.62 after closing at $28.06 on Friday. The stock’s 52-week high is $37.90. Share volume totaled more than 29 million, approaching the daily average of about 31 million. The company had no specific news today.
Frontier Communications Inc. (NASDAQ: FTR) dropped about 7.5% on Monday to post a new 52-week low of $4.20 against a 52-week high of $8.46. The stock closed at $4.54 on Friday night. Volume totaled nearly 23 million shares, in the neighborhood of the daily average of around 26 million shares traded. The company reached an agreement with its union workers in California today.
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