Valeant, QEP Resources Slide into Monday's 52-Week Low Club

Investing

Published: April 17, 2017 4:04 pm

Last Updated: January 12, 2020 12:55 pm

April 17, 2017: Here are four stocks trading with relatively heavy volume among 75 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by about 11 to 4 and on the Nasdaq advancers led decliners by more than 2 to 1.

QEP Resources Inc. (NYSE: QEP) posted a new 52-week low of $11.21 on Monday, down about 2.4% compared with Thursday’s closing price of $11.48. The stock’s 52-week high is $21.12. Volume was about 10% below the daily average of around 3.8 million shares. The company had no specific news.

Valeant Pharmaceuticals International Inc. (NYSE: VRX) dropped about 0.5% Monday to match a 52-week low of $9.43 after closing Thursday at $9.48. The stock’s 52-week high is $38.50. Volume of about 3.9 million shares was about 70% below the daily average of around 18.6 million. The company had no specific news Monday.

Vince Holding Corp. (NYSE: VNCE) dropped about 23% Monday to post a 52-week low of $0.95 after closing at $1.30 Thursday night. The stock’s 52-week high is $7.34. Volume was about 3 times the daily average of around 740,000 shares. The company announced last Friday (when markets were closed) that it would delay its fourth-quarter and full-year financials filing to on or before April 28.

New York Community Bancorp Inc. (NYSE: NYCB) dropped about 0.3% Monday to post a new 52-week low of $13.39 after closing at $13.43 on Thursday. The stock’s 52-week high is $17.68. Volume was less than half the daily average of around 5 million shares. The bank had no specific news Monday.

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.