Chesapeake Energy Corp. (NYSE: CHK) dropped about 12.8% on Wednesday to post a new 52-week low at $6.98 after closing at $8.00 on Tuesday. The stock’s 52-week high is $27.24. Share volume totaled around 40 million, nearly 80% above the daily average of around 23 million. The company reported a big second quarter loss and another massive asset writedown.
Freeport-McMoRan Inc. (NYSE: FCX) dropped about 1% on Wednesday matched the 52-week low of $10.93 it set yesterday after closing at $11.04 on Tuesday. The stock’s 52-week high is $37.53. Share volume totaled around 31 million shares, about 55% above the daily average of around 20 million. The company had no specific news again today.
Genworth Financial Inc. (NYSE: GNW) posted a new 52-week low on Wednesday. Shares dropped nearly 19% to a low of $5.70 from Tuesday’s closing price of $7.02. The stock’s 52-week high is $14.32. Volume rose to about four times the daily average of around 6.1 million. The company announced weak second-quarter results yesterday.
Kinder Morgan Inc. (NYSE: KMI) dropped about 3.6% on Wednesday to post a new 52-week low of $32.45 against a 52-week high of $44.71. The stock closed at $33.66 on Tuesday night. Volume totaled about 16 million shares, about 30% higher than the daily average of around 12 million shares traded. The company had no specific news today.
ALSO READ: The Most (and Least) Expensive States to Drive
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
