Windstream, Intercept Pharma Dip into Wednesday's 52-Week Low Club

Investing

Published: September 27, 2017 4:04 pm

Last Updated: January 12, 2020 7:44 am

September 27, 2017: Here are four stocks trading with heavy volume among 52 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by about 4 to 3 and on the Nasdaq advancers led decliners by nearly 3 to 1.

Uniti Group Inc. (NASDAQ: UNIT) dropped about 5.6% Wednesday to post a new 52-week low of $14.77 after closing at $15.65 on Tuesday. The 52-week high is $32.06. Volume was around 8.6 million, more than 3 times the daily average. The company, a former unit of Windstream,may be getting beaten up because investors are wary of its former parent.

Genocea Biosciences Inc. (NASDAQ: GNCA) posted a new 52-week low of $1.20 on Wednesday, down about 4% from Tuesday’s closing price of $1.25. The stock’s 52-week high is $7.29. Volume totaled around 6 million shares, nearly 10 times the daily average. The company said on Tuesday that it was cutting staff and shifting its development focus.

Windstream Holdings Inc. (NASDAQ: WIN) traded flat Wednesday to tie a new 52-week low of $1.75 set at the closing bell on Tuesday. The 52-week high is $10.46. Volume of around 4.4 million shares traded was about 10% higher than the daily average. The company had no specific news.

Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) dropped about 6.6% Wednesday to post a new 52-week low of $54.98 after closing at $58.84 on Tuesday. The stock’s 52-week high is $172.75. Volume of around 3.5 million was more than double the daily average. The company had no specific news Wednesday.

ALSO READ: Top Strategist Gives Bull Market a Year: Buy Old-School Tech Now

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.