Investing
Hewlett Packard Enterprise, Discovery Dip into Tuesday's 52-Week Low Club
Published:
Last Updated:
September 12, 2017: Here are four stocks trading with heavy volume among 27 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners by about 3 to 2 and on the Nasdaq advancers led decliners by roughly the same margin.
Hewlett Packard Enterprise Co. (NYSE: HPE) dropped about 2.2% Tuesday to post a new 52-week low of $12.99 after closing at $13.28 on Monday. The 52-week high is $14.86. Volume was around 14 million, about 10% above the daily average. The company priced an offering of $1.1 billion in senior 2.1% notes late yesterday.
Discovery Communications Inc. (NASDAQ: DISCA) posted a new 52-week low of $20.53 on Tuesday, down about 2.2% from Monday’s closing price of $20.98. The stock’s 52-week high is $55.08. Volume totaled around 5.5 million shares, about 25% above the daily average. The company had no specific news.
Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) dropped over 20% Tuesday to post a new 52-week low of $90.54 after closing Monday at $113.48. The 52-week high is $172.95. Volume of around 5.5 million shares traded was nearly 13 times the daily average. The drugmaker sent out a warning letter related to liver injuries and possible death related to its Ocaliva drug.
Advaxis Inc. (NASDAQ: ADXS) dropped nearly 20% Tuesday to post a new 52-week low of $5.49 after closing at $6.84 on Monday. The stock’s 52-week high is $12.66. Volume of around 2.5 million was almost 5 times the daily average. The company reported a quarterly loss last night.
24/7 Wall St.The Average American Is Losing Momentum On Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%1 today. Checking accounts are even worse.
But there is good news. To win qualified customers, some accounts are paying more than 7x the national average. That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn a $200 bonus and up to 7X the national average with qualifying deposits. Terms apply. Member, FDIC.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.