April 25, 2016: Here are four stocks trading with relatively heavy volume among 13 equities making new 52-week lows in Monday’s session. NYSE declining stocks led advancers by about 7 to 3 while Nasdaq decliners led advancers by less than 2 to 1 in the day’s trading.
Perrigo Company plc (NYSE: PRGO) fell by about 17.8% on Monday to post a new 52-week low of $99.72 against a high of $200.96. The stock closed at $121.35 on Friday night. Volume totaled more than 24 million shares, about 12 times its daily average. The company’s CEO has resigned and taken the job as CEO of Valeant. This change was rumored last week.
Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) dropped about 2.2% on Monday to post a new 52-week low at $8.11 after closing at $8.29 on Friday. The stock’s 52-week high is $11.81. Share volume of million was about double the daily average of about 4 million shares traded. The Swedish electronics maker reported weak quarterly revenues last week and the sell-off continues.
The Habit Restaurants Inc. (NASDAQ: HBT) posted a new 52-week low on Monday. Shares traded at a low of $16.65, down about 4.9%, after closing at $17.50 on Friday. The stock’s 52-week high is $40.50. Volume totaled 50% above the daily average of around 400,000 shares. The fast-casual restaurant operator had no specific news Monday.
The Liberty Media Group (NASDAQ: LMCA) dropped about 3% on Monday to post a new 52-week low of $18.16 against a 52-week high of $42.22. The stock closed at $18.72 on Friday night. Volume was about half the stock’s daily average volume of around 1 million shares. The company also had no specific news on Monday.
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
