Tegna, Cenovus Energy Dip into Monday's 52-Week Low Club

Investing

Published: June 5, 2017 4:04 pm

Last Updated: January 12, 2020 11:20 am

June 5, 2017: Here are four stocks trading with heavy volume among 102 equities making new 52-week lows in Monday’s session. On the NYSE, decliners led advancers by about 3 to 2 and on the Nasdaq, decliners led advancers by about 9 to 5.

Tegna Inc. (NYSE: TGNA) dropped 2.5% Monday to post a new 52-week low of $14.32 after closing at $14.68 on Friday. The stock’s 52-week high is $26.65. Volume was about 7.1 million, approaching double the daily average of around 3.8 million shares. The company had no specific news, but is still feeling the effects of its spin-off of Cars.com.

Cenovus Energy Inc. (NYSE: CVE) dropped about 1.6% Monday to post a new 52-week low of $8.40 after closing at $8.58 on Friday. The stock’s 52-week high is $16.82. Volume of about 5.5 million was about 25% above the daily average. The company had no specific news.

SeaDrill Ltd. (NYSE: SDRL) dropped about 6.5% Monday to post a new 52-week low of $0.44 after closing Friday at $0.46. The 52-week high is $4.59. Volume was about half the daily average of about 11 million shares. The company had no specific news.

DryShips Inc. (NASDAQ: DRYS) posted a new 52-week low of $1.94 on Monday, down about 15.7% compared with Friday’s closing price of $2.30. Volume totaled about 4.5 million shares, about half the daily average of about 9 million. The company 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.