Ford, General Electric Stumble into Friday's 52-Week Low Club

Investing

Published: August 18, 2017 4:04 pm

Last Updated: January 12, 2020 8:59 am

August 18, 2017: Here are four stocks trading with heavy volume among 277 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 4 to 3 and on the Nasdaq advancers led decliners by nearly the same margin.

Ford Motor Co. (NYSE: F) dropped about 1.6% Friday to post a new 52-week low of $10.47 after closing at $10.64 on Thursday. The stock’s 52-week high is $13.27. Volume of more than 37 million was less than 10% above the daily average of about 36.6 million. The company had no specific news.

Foot Locker Inc. (NYSE: FL) dropped about 29% Friday to register a new 52-week low of $34.41 after closing at $47.70 on Thursday. The 52-week high is $79.43. Volume was around 32 million, about 8 times the daily average. The company reported poor results this morning. https://a673b.bigscoots-temp.com/retail/2017/08/18/foot-locker-earnings-slump-pushes-shares-to-multiyear-low/

General Electric Co. (NYSE: GE) dropped about 1.3% Friday to post a new 52-week low of $24.44 after closing Thursday at $24.75. The 52-week high is $32.38. Volume of around 27 million shares traded was about 30% below the daily average of around 39 million. The industrial giant had no specific news Friday.

Marathon Oil Corp. (NYSE: MRO) posted a new 52-week low of $10.55 on Friday, down about 2.5% from Thursday’s closing price of $10.82. The stock’s 52-week high is $19.28. Volume totaled around 25 million shares, about 40% higher than the daily average of around 15 million. The company had no specific news.

24/7 Wall St.
Jefferies Sees Big Upside From 4 Upcoming Near-Term Biotech Catalysts

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.