Investing

The 52-Week Low Club for Thursday

Stock PriceOctober 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

Find a Qualified Financial Advisor (Sponsor)

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.