This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive
compensation for actions taken through them.
October 15, 2015: Here are four stocks trading with heavy volume among 56 equities making new 52-week lows today.
Wal-Mart Stores Inc. (NYSE: WMT) dropped about 5.7% on Thursday to post a new 52-week low of $58.61 against a 52-week high of $90.97. The stock closed at $60.03 on Wednesday night. Volume was nearly 5 times the daily average of around 9.8 million shares traded. The company warned on earnings yesterday and investors are still fleeing the stock.
Seagate Technology PLC (NASDAQ: STX) dropped more than 15% on Thursday to post a new 52-week low at $40.52 after closing at $47.80 on Wednesday. The stock’s 52-week high is $69.40. Share volume was nearly 5 times the daily average of around 4.8 million. The company warned on third quarter earnings this morning.
The Manitowoc Company Inc. (NYSE: MTW) dropped nearly 16% on Thursday to post a new 52-week low of $13.86 against a high of $23.15. The stock closed at $16.36 on Wednesday night. Volume was nearly 6 times the daily average of around 2.4 million shares traded. The company reported weak preliminary third-quarter results this morning.
Garmin Ltd. (NASDAQ: GRMN) posted a new low on Thursday. Shares dropped about 15% to a low of $31.32 from Wednesday’s closing price of $36.96. The stock’s 52-week high is $60.19. Volume was about 7 times the daily average of around 1.4 million. The company cut full-year guidance this morning.
ALSO READ: 10 Cheapest Cars in America
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.