August 30, 2016: Here are four stocks trading with relatively heavy volume among 19 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by just 3 percentage points and Nasdaq advancers led decliners by just 4 points.
G-III Apparel Group Ltd. (NASDAQ: GIII) dropped nearly 23% on Tuesday to post a new 52-week low of $32.22 after closing at $41.77 on Monday. The stock’s 52-week high is $71.18. Volume was more than 10 times the daily average of around 600,000 shares. The company reported weak results and cut guidance this morning.
Noble Corp. plc (NYSE: NE) lost about 3% Tuesday to post a new 52-week low of $5.70 after closing Monday at $5.88. The 52-week high is $14.64. Volume of around 4 million was about half the daily average of around 8.7 million. The company had no specific news Tuesday.
Chicago Bridge & Iron Co. (NYSE: CBI) dropped about 1.2% on Tuesday to post a new 52-week low of $30.61 against a 52-week high of $46.39. Volume of around 900,000 was about 35% below the daily average of around 1.4 million. The stock closed at $30.98 on Monday night. The company had no specific news for the day.
The Rubicon Project Inc. (NYSE: RUBI) dropped about 2.4% on Tuesday to post a new 52-week low of $8.64 against a 52-week high of $20.37. Volume of around 680,000 million was about 15% below the daily average of around 780,000. The stock closed at $8.85 on Monday night. The ad marketplace has formed a strategic alliance with Flipboard that will allow advertisers to buy ad space on Flipboard.
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.