Investing

The 52-Week Low Club for Friday

down market
Thinkstock
August 14, 2015: Here are four stocks trading with heavy volume among the 144 equities making new 52-week lows today.

Applied Materials Inc. (NASDAQ: AMAT) dropped about 4.8% on Friday to post a new 52-week low at $16.24 after closing at $17.05 on Thursday. The stock’s 52-week high is $25.71. Share volume totaled more than double the daily average of around 17 million. The maker of equipment for semiconductor manufacturers is taking some lumps after reporting poor results and lowering its outlook.

Micron Technology Inc. (NASDAQ: MU) dropped nearly 5 % on Friday to set a new 52-week low of $16.82 after closing at $17.70 on Thursday. The stock’s 52-week high is $36.59. Share volume totaled around 33 million shares, about 5% above the daily average of around 31 million. The company had no specific news today.

Alcoa Inc. (NYSE: AA) posted a new 52-week low on Friday. Shares dropped fractionally to a low of $9.28 from Thursday’s closing price of $9.31. The stock’s 52-week high is $17.75. Volume fell to about half the daily average of around 21 million. The company had no specific news today.

El Pollo Loco Holdings Inc. (NASDAQ: LOCO) dropped about 20% on Friday to post a new 52-week low of $14.62 against a 52-week high of $40.89. The stock closed at $18.36 on Thursday night. Volume was about 8 times the daily average of around 1 million shares traded. The company posted results after markets closed on Thursday and the growth that analysts and investors were looking far was not there..

ALSO READ: America’s Best Companies to Work For

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.