Investing
AMC Entertainment, Repros Therapeutics Dive into Monday's 52-Week Low Club
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July 17, 2017: Here are four stocks trading with heavy volume among 46 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by about 8 to 7 and on the Nasdaq, advancers led decliners by about 15 to 14.
Repros Therapeutics Inc. (NASDAQ: RPRX) dropped about 48% Monday to post a new 52-week low of $0.30 after closing Friday at $0.58. The 52-week high is $2.48. Volume was around 5.8 million shares traded, nearly 10 times the daily average of around 600,000. The company announced a partial clinical hold by the FDA ona key drug development program.
AMC Entertainment Holdings Inc. (NYSE: AMC) dropped about 10.3% Monday to post a new 52-week low of $19.65 after closing at $21.90 on Friday. Volume was about 5.3 million, nearly 3 times the daily average of around 1.8 million shares. The company had no specific news.
DryShips Inc. (NASDAQ: DRYS) posted a new 52-week low of $0.85 on Monday, down about 11.5% compared with Friday’s closing price of $0.96. Volume totaled around 5.3 million shares, about 80% above the daily average. The company had no specific news Monday.
Precision Drilling Corp. (NYSE: PDS) dropped about 2.4% Monday to post a new 52-week low of $2.89 after closing at $2.96 on Friday. The stock’s 52-week high is $6.25. Volume of about 2.2 million was around 30% below the daily average of about 3.1 million. The company had no specific news.
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