September 29, 2017: Here are four stocks trading with heavy volume among 41 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 3 to 2 and on the Nasdaq advancers led decliners by about the same ratio.
Rite Aid Corp. (NYSE: RAD) dropped by 4.9% Friday to establish a new 52-week low of $1.93 after closing at $2.03 on Thursday. The 52-week high is $8.77. Volume of around 46 million shares traded was about 50% above the daily average. The company reported weak sales Thursday morning.
Avon Products Inc. (NYSE: AVP) posted a new 52-week low of $2.29 on Friday, down about 4.4% from Thursday’s closing price of $2.39. The stock’s 52-week high is $6.96. Volume totaled around 6.3 million shares, about 40% above the daily average. The company had no specific news.
Windstream Holdings Group Inc. (NASDAQ: WIN) dropped about 4.9% Friday to post a new 52-week low of $1.73 after closing at $1.82 on Thursday. The 52-week high is $10.40. Volume was around 5.8 million, about 30% higher than the daily average. The company had no specific news.
Ritter Pharmaceuticals Inc. (NASDAQ: RTTR) dropped about 32% Friday to post a new 52-week low of $0.34 after closing at $0.50 on Thursday. The stock’s 52-week high is $3.75. Volume of around 4.8 million was about 16 times the daily average. The company priced a secondary offering this morning that raised $23 million on the sale of 34.55 million Class A units at an unspecified price and 9,180 Class B units with a value of $1,000 per unit and convertible into a total of 22.95 million shares of common stock and warrants exercisable for a similar number of shares. The exercise price of the warrants is $0.44.
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.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
