Avon, Fitbit Plunge into Friday’s 52-Week Low Club

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By Paul Ausick Updated Published
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May 26, 2017: Here are four stocks trading with relatively heavy volume among 111 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 8 to 7 and on the Nasdaq decliners led advancers by about 5 to 4.

Avon Products Inc. (NYSE: AVP) dropped about 7.9% Friday to post a new 52-week  low of $3.27 after closing Thursday at $3.55. The 52-week high is $6.96. Volume rose to nearly 5 times the daily average of about 6.6 million shares. The company had no specific news.

Noble Corp. plc (NYSE: NE) dropped about 5.7% Friday to post a new 52-week low of $3.97 after closing at $4.21 on Thursday. The stock’s 52-week high is $9.73. Volume was nearly 20% above the daily average of around 12 million shares. The company had no specific news.

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Fitbit Inc. (NYSE: FIT) dropped about 2% Friday to post a new 52-week low of $5.28 after closing at $5.39 on Thursday. The stock’s 52-week high is $17.18. Volume of about 5.4 million was about 25% above the daily average of around 8.2 million shares traded. The company had no specific news Friday.

Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) posted a new 52-week low of $96.18 on Friday, down about 2.4% compared with Thursday’s closing price of $98.50. The stock’s 52-week high is $157.02. Volume totaled about 5.6 million shares, over double the daily average of about 2.4 million. The company had no news Friday.

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About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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