CF Industries, SeaWorld Join Thursday's 52-Week Low Club

Investing

Published: August 4, 2016 4:04 pm

Last Updated: January 13, 2020 4:55 am

August 4, 2016: Here are four stocks trading with relatively heavy volume among 22 equities making new 52-week lows in Thursday’s session. NYSE advancers led decliners by about 5 to 4 and Nasdaq advancers and decliners were roughly even.

CF Industries Holdings Inc. (NYSE: CF) dropped about 15.3% on Thursday to post a new 52-week low of $20.77 after closing at $24.52 on Wednesday. The stock’s 52-week high is $67.15. Volume reached nearly 5 times more than the daily average of around 5 million shares. The fertilizer maker missed estimates this morning as a result of low prices for nitrogen products.

SeaWorld Entertainment Inc. (NYSE: SEAS) dropped about 15.2% on Thursday to post a new 52-week low of $12.58 against a 52-week high of $21.85. Volume of around 12 million was about 8 times the daily average of around 1.7 million. The stock closed at $14.84 on Wednesday night. The theme park’s attendance and revenues dropped in the second quarter and forced the company to lower its guidance.

Realogy Holdings Corp. (NYSE: RLGY) lost about 15.3% Thursday to post a new 52-week low of $25.91 versus a high of $44.64 after closing Wednesday at $30.60. Volume was more than 5 times the daily average of about 1.6 million shares. The global real-estate and relocation services firm tumbled following missed an earnings forecast on slow sales of luxury homes.

Inovalon Holdings Inc. (NASDAQ: INOV) dropped more than 23% on Thursday to post a new 52-week low of $14.00 against a 52-week high of $23.87. Volume of around 5.2 million was about 10 times the daily average of around 530,000. The stock closed at $19.27 on Wednesday night. Analysts at Piper Jaffray cut the stock’s rating from Neutral to Underweight.

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps