March 9, 2017: Here are four stocks trading with heavy volume among 139 equities making new 52-week lows in Thursday’s session. On the NYSE, decliners led advancers by more than 2 to 1 and on the Nasdaq decliners led advancers by about 4 to 3.
Frontier Communications Corp. (NASDAQ: FTR) on Thursday matched a 52-week low of $2.49 posted on Wednesday. The stock’s 52-week high is $5.75. Volume was more than double the daily average of around 25.8 million shares. The company had no specific news Thursday but is on its way to posting a gain of more than 5% for the day.
Rite Aid Corp. (NYSE: RAD) dropped about 0.9% Thursday, to post a new 52-week low of $4.61 after closing at $4.65 on Wednesday. The stock’s 52-week high is $8.77. Volume was about 10% below the daily average of around 25.8 million shares. The company had no specific news.
Exxon Mobil Corp. (NYSE: XOM) also dropped about 0.9% Thursday, to post a new 52-week low of $80.31 after closing at $81.03 on Wednesday. The stock’s 52-week high is $95.55. Volume was about 10% below the daily average of around 12 million shares. The energy giant acquired a stake in a massive Mozambique offshore gas field but was hurt by another sharp drop in crude oil prices.
Target Corp. (NYSE: TGT) dropped about 1.1% Thursday to post a new 52-week low of $54.42 after closing Wednesday at $55.02. Volume of more than 8 million shares was about 15% above the daily average of around 6.8 million. The company declared a dividend of $0.60 per share for the second quarter.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
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.
Latest from 24/7
