Investing
Kroger, General Electric Plunge into Friday's 52-Week Low Club
Published:
Last Updated:
September 8, 2017: Here are four stocks trading with heavy volume among 103 equities making new 52-week lows in Friday’s session. On the NYSE, decliners led advancers by about 8 to 7 and on the Nasdaq decliners and advancers traded nearly evenly.
The Kroger Co. (NYSE: KR) dropped about 10.4% Friday to post a new 52-week low of $20.41 after closing at $22.77 on Thursday. The 52-week high is $36.44. Volume was around 56 million, more than double the daily average. The company reported weak earnings this morning.
General Electric Co. (NYSE: GE) posted a new 52-week low of $23.58 on Friday, down about 1.8% from Thursday’s closing price of $24.02. The stock’s 52-week high is $32.38. Volume totaled around 36 million shares, about 10% below the daily average. The company had no specific news Friday.
Whiting Petroleum Corp. (NYSE: WLL) dropped about 7.2% Friday to post a new 52-week low of $3.97 after closing Thursday at $4.28. The 52-week high is $13.39. Volume of around 22 million shares traded was just above the daily average. The company announced a reverse stock split in a whole-number ratio of between 1-for-2 and 1-for-6 on Thursday and investors are not finished administering punishment yet.
Hewlett Packard Enterprise Co. (NYSE: HPE) dropped about 1.2% Friday to post a new 52-week low of $13.06 after closing at $13.25 on Thursday. The stock’s 52-week high is $19.16. Volume of around 16 million was about 20% above the daily average. The company had no specific news Friday.
24/7 Wall St.Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
