Investing
Kinder Morgan, Grupo Televisa Clamber into Friday's 52-Week Low Club
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November 17, 2017: Here are four stocks trading with heavy volume among 71 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by about 2 to 1 and on the Nasdaq, advancers led decliners by about 3 to 2.
Kinder Morgan Inc. (NYSE: KMI) dropped about 0.8% Friday to post a new 52-week low of $16.70 after closing at $16.83 on Thursday. The 52-week high is $23.01. Volume was around 9 million, just more than 10% below the daily average of about 10.6 million. The company had no specific news and the stock staged a comeback to get on track for a 1% gain shortly before the closing bell.
Real Industry Inc. (NASDAQ: RELY) dropped nearly 62% Friday to post a new 52-week low of $0.23 after closing at $0.60 on Thursday. The 52-week high is $6.70. Volume was around 6.6 million, about 15 times the daily average of around 6 million. The company filed for Chapter 11 protection Friday morning.
Grupo Televisa SAB (NYSE: TV) dropped about 2.5% Friday to post a new 52-week low of $18.63 after closing at $19.11 on Thursday. The 52-week high is $27.37. Volume was about 6 million, nearly triple the daily average of around 2.1 million. The Mexico-based company had no specific news, but the firm has been accused of bribing the international soccer federation (FIFA) for World Cup Rights..
ReWalk Robotics Ltd. (NYSE: RWLK) dropped about 18.5% Friday to post a new 52-week low of $1.10 after closing at $1.35 on Thursday. The stock’s 52-week high is $3.60. Volume of around 3.7million was about 16 times the daily average. The maker of exoskeletons priced a secondary offering of 6.86 million shares at $1.05 per share this morning.
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