Twitter Inc. (NYSE: TWTR) dropped about 6.1% on Thursday to set a new 52-week low of $25.92 after closing at $27.61 on Wednesday. The stock’s 52-week high is $55.99. Share volume totaled around 19 million shares, about 10% below the daily average of around 22 million. The social media company’s stock has fallen below its IPO price as investors wonder who will end up running the company and if it can turn around its sluggish growth.
Ambev SA (NYSE: ABEV) dropped about 1% on Thursday to post a new 52-week low at $5.14 after closing at $5.19 on Wednesday. The stock’s 52-week high is $7.37. Share volume was about 15% above the daily average of around 15 million. The Latin America beverage maker and distributor had no specific news today.
Alibaba Group Holdings Ltd. (NYSE: BABA) dropped about 4.2% on Thursday to post a new 52-week low of $70.07 against a 52-week high of $120.00. The stock closed at $73.12 on Wednesday night. Volume was about 20% higher than the daily average of around 13 million shares traded. The company had no specific news today.
Exxon Mobil Corp. (NYSE: XOM) posted a new 52-week low on Thursday. Shares dropped about 1.8% to a low of $74.85 from Wednesday’s closing price of $76.23. The stock’s 52-week high is $100.31. Volume totaled nearly 13 million shares, about 10% above the daily average of around 12 million. The company had no specific news today, but low oil prices and pressure on natural gas prices have weighed—and continue to weigh—heavily on Exxon and other energy producers.
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