Investing
DryShips, TripAdvisor Tumble into Monday's 52-Week Low Club
Published:
Last Updated:
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.
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.