SunEdison Corp. (NYSE: SUNE) dropped more than 17% on Tuesday to post a new 52-week low at $8.88 after closing at $10.73 on Monday. The stock’s 52-week high is $33.45. Share volume was about 2.5 times the daily average of around 20 million. The solar maker has taken a serious beating in the past few days, having lost a third of its value in just the past 5 sessions following price target cuts and liquidity worries.
Pepco Holdings Inc. (NYSE: POM) posted a new 52-week low on Tuesday. Shares dropped nearly 20% to a low of $21.61 from Monday’s closing price of $26.95. The stock’s 52-week high is $27.65. Volume totaled more than 20 times the daily average of around 1.3 million. The utility company’s proposed acquisition by Exelon has been stymied by the public service commission in Washington, D.C.
EMC Corp. (NYSE: EMC) dropped about 2.7% on Tuesday to set a new 52-week low of $23.12 after closing at $23.76 on Monday. The stock’s 52-week high is $30.92. Share volume totaled around 19 million shares, about 30% above the daily average of around 15 million. The company had no specific news today.
Southwestern Energy Co. (NYSE: SWN) dropped about 1.8% on Tuesday to post a new 52-week low of $14.96 against a 52-week high of $41.23. The stock closed at $15.24 on Monday night. Volume was about 70% above the daily average of around 8 million shares traded. The company had no specific news today.
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