DryShips, TripAdvisor Tumble into Monday's 52-Week Low Club

Investing

Published: February 27, 2017 4:04 pm

Last Updated: January 12, 2020 2:27 pm

February 27, 2017: Here are four stocks trading with relatively heavy volume among 48 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by about 3 to 2 and on the Nasdaq advancers led decliners by about 8 to 5.

DryShips Inc. (NASDAQ: DRYS) dropped 19% Monday to post a new 52-week low of $6.18 after closing Friday at $2.24. Volume of more than 35 million was more than double the daily average of around 14 million. The company had no specific news.

AmTrust Financial Services Inc. (NASDAQ: AFSI) dropped more than 18% Monday, to post a new 52-week low of $22.58 after closing at $27.66 on Friday. The stock’s 52-week high is $28.48. Volume was more than 10 times the daily average of around 670,000 shares. The company missed profit estimates this morning.

Gulfport Energy Corp. (NASDAQ: GPOR) dropped about 2.6% on Monday to record a new 52-week low of $17.65 against a high of $34.67. The stock closed at $18.12 on Friday. Volume was about 15% above the daily average of around 4 million shares. The company had no specific news Monday.

TripAdvisor Inc. (NASDAQ: TRIP) dropped about 1.9% Monday, to post a new 52-week low of $41.81 after closing at $42.62 on Friday. The stock’s 52-week high is $71.69. Volume was about 50% above the daily average of around 2.5 million shares. The company had no specific news.

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