Exact Sciences Corp. (NASDAQ: EXAS) dropped 26% on Thursday to post a new 52-week low at $7.41 after closing at $10.02 on Wednesday. The stock’s 52-week high is $32.85. Share volume was more than 7 times the daily average of around 2 million. The company continues to get smacked after its colon cancer drug failed to make a list of recommended treatments.
GoPro Inc. (NASDAQ: GPRO) dropped 7.7% on Thursday to post a new 52-week low of $27.07 against a 52-week high of $92.38. The stock closed at $29.33 on Wednesday night. Volume was approaching double the daily average of around 9.7 million shares traded. The company’s price target was cut by half at Morgan Stanley yesterday, and the bloodletting continues.
Cardiovascular Systems Inc. (NASDAQ: CSII) dropped 29% on Thursday to post a new 52-week low of $11.80 against a high of $41.28. The stock closed at $16.63 on Wednesday night. Volume was more than 20 times the daily average of around 390,000 shares traded. The company reported weak preliminary quarterly results after markets closed last night.
The Spectranetics Corp. (NASDAQ: SPNC) posted a new low on Thursday. Shares dropped about 8.9% to a low of $10.79 from Wednesday’s closing price of $11.85. The stock’s 52-week high is $37.04. Volume was about 50% above the daily average of around 920,000. The company had no specific news today.
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