Investing
Kroger, Versartis Locked in Monday's 52-Week Low Club
Published:
Last Updated:
September 25, 2017: Here are four stocks trading with heavy volume among 39 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by less than 4 to 3 and on the Nasdaq decliners led advancers by about the same ratio.
The Kroger Co. (NYSE: KR) dropped about 1.3% Monday to post a new 52-week low of $19.89 after closing at $20.15 on Friday. The stock’s 52-week high is $36.44. Volume of around 12 million was less than 10% below the daily average. The company had no specific news.
Versartis Inc. (NASDAQ: VSAR) posted a new 52-week low of $2.35 on Monday, down about 12% from Friday’s closing price of $2.67. The stock’s 52-week high is $24.00. Volume totaled around 11 million shares, about 11 times the daily average. The company said Friday morning that a phase III drug trial failed to meet its primary endpoint.
Mattel Inc. (NASDAQ: MAT) dropped about 1.2% Monday to post a new 52-week low of $14.35 after closing at $14.52 on Friday. The 52-week high is $33.23. Volume was around 8.2 million, about 20% above the daily average. The company said Friday that it had amended some of its debt covenants.
Newell Brands Inc. (NYSE: NWL) dropped about 1.2% Monday to post a new 52-week low of $40.89 after closing Friday at $41.39. The 52-week high is $55.08. Volume of around 3.6 million shares traded was about equal to the daily average. The company had no specific news.
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.