Investing
Chesapeake Energy, General Electric Slide into Thursday's 52-Week Low Club
Published:
Last Updated:
August 17, 2017: Here are four stocks trading with heavy volume among 233 equities making new 52-week lows in Thursday’s session. On the NYSE, decliners led advancers by more than 6 to 1 and on the Nasdaq advancers led decliners by nearly 4 to 1.
Chesapeake Energy Corp. (NYSE: CHK) dropped about 4.3% Thursday to post a new 52-week low of $3.82 after closing at $4.00 on Wednesday. The stock’s 52-week high is $8.20. Volume of more than 27 million was about about 35% below the daily average of about 35 million. The company had no specific news.
General Electric Co. (NYSE: GE) dropped about 1.1% Thursday to post a new 52-week low of $24.82 after closing Wednesday at $25.10. The 52-week high is $32.38. Volume of around 23 million shares traded was about 45% below the daily average of around 39 million. Earlier this week, Warren Buffett dropped the stock from his Berkshire Hathaway portfolio.
L Brands Inc. (NYSE: LB) dropped more than 10% Thursday to register a new 52-week low of $35.00 after closing at $38.95 on Wednesday. The 52-week high is $79.67. Volume was around 21 million, more than 6 times the daily average. The company reported decent results this morning, but guidance got all the attention and it was not good.
CenturyLink Inc. (NYSE: CTL) posted a new 52-week low of $19.65 on Thursday, down about 5.9% from Wednesday’s closing price of $20.89. The stock’s 52-week high is $33.45. Volume totaled nearly 17 million shares, approaching double the daily average of around 9.7 million. The company had no specific news.
24/7 Wall St.The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
