November 20, 2015: Here are four stocks trading with heavy volume among 115 equities making new 52-week lows today.
SunEdison Inc. (NYSE: SUNE) posted a new low on Friday. Shares dropped nearly 11% to a low of $2.55 from Thursday’s closing price of $2.86. The stock’s 52-week high is $33.45. Volume was about a third above the daily average of about 41 million shares. One of the company’s senior unsecured notes traded below $40 on Friday, down from $228 in mid-July.
Chesapeake Energy Corp. (NYSE: CHK) dropped about 6.3% on Friday to post a new 52-week low of $5.06 against a high of $24.43. The stock closed at $5.40 on Thursday night. Volume reached nearly 50% more than the daily average of around 19 million shares traded. The oil and gas producer’s debt took another tumble today.
Mentor Graphics Corp. (NASDAQ: MENT) dropped about 35% on Friday to post a new 52-week low of $18.00 against a 52-week high of $28.09. The stock closed at $27.78 on Thursday night. Volume was more than 20 times the daily average of around 750,000 shares traded. The design automation company’s stock was blistered by a weak fourth-quarter outlook delivered with Q3 results on Thursday night.
United States Steel Corp. (NYSE: X) dropped by about 9% on Friday to post a new 52-week low at $8.75 after closing at $9.63 on Thursday. The stock’s 52-week high is $36.40. Share volume was about 25% above the daily average of around 11 million. The steelmaker had no specific news today.
ALSO READ: The Most Iconic Product in Each State
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
