Exelon Corp. (NYSE: EXC) dropped about 3.5% on Monday to post a new 52-week low at $30.31 after closing at $31.40 on Friday. The stock’s 52-week high is $38.93. Share volume was about 25% below the daily average of around 8.2 million. The utility said Monday that it would continue to try to complete its merger with Pepco, despite the deal’s rejection by the public service commission of Washington D.C.
Conformis Inc. (NASDAQ: CFMX) dropped about 24% on Monday to post a new post-IPO low of $15.00 against a post-IPO high of $26.93. The stock closed at $19.78 on Friday night. Volume reached nearly 4 times the daily average of around 520,000 shares traded. The company commenced a voluntary recall of some instrumentation sets that are part of its knee replacement systems.
Regis Corp. (NYSE: RGS) posted a new 52-week low on Monday. Shares dropped about 6.7% to a low of $10.92 from Friday’s closing price of $11.70. The stock’s 52-week high is $17.91. Volume totaled nearly 5 times the daily average of around 250,000. The hair styling salons reported a miss on profits and revenues on Friday, and shares were downgraded by one analyst Monday morning.
Sempra Energy Inc. (NYSE: SRE) dropped about 3.4% on Monday to set a new 52-week low of $94.05 after closing at $97.36 on Friday. The stock’s 52-week high is $116.30. Share volume totaled around 1.3 million shares, about 10% higher than the daily average of around 1.2 million. The energy utility company had no specific news today.
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