HP Enterprise, GNC Drop into Wednesday's 52-Week Low Club

Investing

Published: November 22, 2017 4:04 pm

Last Updated: January 12, 2020 6:04 am

November 22, 2017: Here are four stocks trading with heavy volume among 42 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 about 8 to 7.

Hewlett Packard Enterprise Co. (NYSE: HPE) dropped about 9.3% Wednesday to post a new 52-week low of $12.81 after closing at $14.12 on Tuesday. The 52-week high is $15.12. Volume was around 37 million, nearly three times the daily average of about 13 million. The company reported good earnings, but CEO Meg Whitman is leaving in February. https://a673b.bigscoots-temp.com/technology-3/2017/11/22/hpe-earnings-not-enough-to-offset-ceo-shuffle/

GNC Holdings Inc. (NYSE: GNC) dropped about 10% Wednesday to post a new 52-week low of $5.18 after closing at $5.76 on Tuesday. The 52-week high is $15.50. Volume was around 7.2 million, about three times the daily average of around 2.5 million. The nutrition supplement company had no specific news.

Patriot National Inc. (NYSE: PN) posted a new 52-week low of $0.29 Wednesday, down nearly 73% after closing at $1.06 on Tuesday. The 52-week high is $7.00. Volume was about 3 million, more than 20 times the daily average of around 150,000. The insurance services company laid off about a third of its employees after it lost about 60% of its business when its largest customer went into receivership.

SeaWorld Entertainment Inc. (NYSE: SEAS) dropped about 1.9% Wednesday to post a new 52-week low of $10.59 after closing at $10.80 on Tuesday. The stock’s 52-week high is $20.13. Volume of around 2.1 million was about 20% below the daily average. The company had no specific news.

24/7 Wall St.
Why This May Be the Perfect Time to Chase Warren Buffett’s Largest Stock Picks

Cash Back Credit Cards Have Never Been This Good

Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.