Investing
Fitbit, Vodafone Sink into Tuesday's 52-Week Low Club
Published:
Last Updated:
November 29, 2016: Here are four stocks trading with relatively heavy volume among 39 equities making new 52-week lows in Tuesday’s session. On the NYSE, decliners led advancers by fewer than 100 issues and on the Nasdaq decliners led advancers by just over 100 issues.
Fitbit Inc. (NYSE: FIT) lost about 2.4% Tuesday to post a new 52-week low of $8.20 after closing Monday at $8.40. The 52-week high is $34.68. Volume of around 7.1 million was about 30% below the daily average of around 1 million shares traded. The company had no specific news Tuesday.
Vodafone Group plc (NASDAQ: VOD) dropped about 0.1% on Tuesday to post a new 52-week low of $24.50 against a 52-week high of $28.13 and a Monday close of $24.53. Volume of about 5.2 million was about 15% below the daily average of around 6.4 million. The company had no specific news either.
Nivalis Therapeutics Inc. (NASDAQ: NVLS) dropped 60% on Tuesday to post a new 52-week low of $2.50 after closing at $6.25 on Monday. The stock’s 52-week high is $9.45. Volume of about 4.2million was about 60 times the daily average of around 75,000 shares. The company reported a failed mid-stage trial on its treatment for cystic fibrosis.
PDL BioPharma Inc. (NASDAQ: PDLI) dropped about 3.8% on Tuesday to post a new 52-week low of $2.31 after closing at $2.40 on Monday. The stock’s 52-week high is $3.95. Volume was about double the daily average of around 2 million shares. The company had no specific news Tuesday.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
