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
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
