September 12, 2016: Here are four stocks trading with relatively heavy volume among 56 equities making new 52-week lows in Monday’s session. NYSE advancers led decliners by more than 2 to 1 and Nasdaq advancers led decliners by the same margin.
The Kroger Co. (NYSE: KR) dropped about 2.6% on Monday to post a new 52-week low of $30.70 against a 52-week high of $42.75. Volume of around 16 million was about 60% more than the daily average of around 10 million. The stock closed at $31.51 on Friday night. The stock took a price target cut this morning from analysts at Deutsche Bank.
Geron Corp. (NASDAQ: GERN) lost about about 28% Monday to post a new 52-week low of $2.06 after closing Friday at $2.86. The 52-week high is $5.30. Volume of nearly 12 million was nearly 10 times the daily average of around 1.4 million. The company received very mixed results from two clinical trials this morning.
Bristol-Myers Squibb Co. (NYSE: BMY) dropped about 0.5% on Monday to post a new 52-week low of $55.02 after closing at $55.66 on Friday. The stock’s 52-week high is $77.12. Volume was around 20% below the daily average of around 10.8 million shares. The company had no specific news and turned around in the first half-hour of trading to point the stock to a gain of around 1% shortly before the closing bell.
Whole Foods Market Inc. (NASDAQ: WFM) dropped about 1.9% on Monday to post a new 52-week low of $28.06 against a 52-week high of $35.58. Volume of around 4.3 million was about 30% below the daily average of around 6.2 million. The stock closed at $28.60 on Friday night. The company had no specific news Monday, by grocery stores have had a tough week and times to not look to be improving. The grocery store chain had no specific news Monday.
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
