October 22, 2015: Here are four stocks trading with heavy volume among 109 equities making new 52-week lows today.
Community Health Systems Inc. (NYSE: CYH) dropped more than 37% on Thursday to post a new 52-week low of $25.36 against a high of $263.81. The stock closed at $40.55 on Wednesday night. Volume was more than 20 times the daily average of around 1.8 million shares traded. The company missed expectations when it reported preliminary results Wednesday evening.
American Express Co. (NYSE: AXP) dropped about 6.7% on Thursday to post a new 52-week low of $71.39 against a 52-week high of $94.89. The stock closed at $76.51 on Wednesday night. Volume was more than 3 times the daily average of around 6 million shares traded. The company missed earnings estimates this morning.
Envision Healthcare Holdings Inc. (NYSE: EVHC) dropped about 44% on Thursday to post a new 52-week low at $20.41 after closing at $36.49 on Wednesday. The stock’s 52-week high is $45.95. Share volume was more than 15 times the daily average of around 1.5 million. The company missed earnings and revenue estimates and guided next full-year earnings lower.
PulteGroup Inc. (NYSE: PHM) posted a new low on Thursday. Shares dropped about 10% to a low of $17.52 from Wednesday’s closing price of $19.45. The stock’s 52-week high is $23.36. Volume was more than 3 times the daily average of around 5.7 million. The homebuilder missed quarterly earnings and sales estimates this morning.
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