Weatherford International, CenturyLink Tumble into Tuesday's 52-Week Low Club

Investing

Published: November 28, 2017 4:04 pm

Last Updated: January 12, 2020 5:57 am

November 28, 2017: Here are four stocks trading with heavy volume among 76 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 2 to 1 and on the Nasdaq, advancers led decliners by the same ratio.

Weatherford International plc (NYSE: WFT) dropped nearly 5% Tuesday to post a new 52-week low of $3.08 after closing at $3.24 on Monday. The 52-week high is $7.09. Volume was around 19 million, about 5% below the daily average of about 20 million. The oilfield services company had no specific news.

CenturyLink Inc. (NYSE: CTL) dropped about 3.4% Tuesday to post a new 52-week low of $13.16 after closing at $13.62 on Monday. The 52-week high is $27.61. Volume was around 14 million, less than 10% above the daily average of around 13 million. The telecom company had no specific news.

Energy Transfer Partners LP (NYSE: ETP) posted a new 52-week low of $12.69 Tuesday, down about 2.2% after closing at $16.04 on Monday. The 52-week high is $26.73. Volume was about 7.5 million, slightly above the daily average of around 7.1 million. The energy transportation firm is still waiting for federal regulatory approval to complete its Rover natural gas pipeline.

Scorpio Tankers Inc. (NYSE: STNG) dropped nearly 4% Tuesday to post a new 52-week low of $3.18 after closing at $3.31 on Monday. The stock’s 52-week high is $4.93. Volume of around 5.5 million was about 50% above the daily average. The company had no specific news.

24/7 Wall St.
Where Hedge Funds Put Their Money in Q3

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.