Bed, Bath & Beyond, Marathon Oil in Friday’s 52-Week Low Club

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

June 23, 2017: Here are four stocks trading with heavy volume among 74 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 2 to 1 and on the Nasdaq, advancers led decliners by about 9 to 5.

Bed, Bath & Beyond Inc. (NASDAQ: BBBY) posted a new 52-week low of $29.41 on Friday, down about 12.8% compared with Thursday’s closing price of $33.74. The stock’s 52-week high is $48.83. Volume totaled more than 18 million shares, more than 7 times the daily average of around 2.7 million. The company posted disappointing results after markets closed Thursday.https://a673b.bigscoots-temp.com/retail/2017/06/23/bed-bath-beyond-sinks-on-q1-earnings/

SeaDrill Ltd. (NYSE: SDRL) dropped nearly 11% Friday to post a new 52-week low of $0.41 after closing at $0.46 on Thursday. The stock’s 52-week high is $4.59. Volume of nearly about 9.4 million was less than 10% above the daily average. The company had no specific news.

[nativounit]

Marathon Oil Corp. (NYSE: MRO) dropped about 1.6% Friday to post a new 52-week  low of $11.41 after closing Thursday at $11.59. The 52-week high is $19.28. Volume was about 30% lower than the daily average of about 13.7 million shares. The company had no specific news.

DryShips Inc. (NASDAQ: DRYS) dropped nearly 14% Friday to post a 52-week low of $2.44 after closing at a split-adjusted $2.83 on Thursday. Volume was around 6.3 million, about 80% higher than the daily average of around 3.5 split-adjusted million shares. The company’s seventh reverse stock split since March 2016 — this one a 1-for-5 split — became effective Thursday morning.

[wallst_email_signup]

Photo of Paul Ausick
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.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618