Investing
Southwestern Energy, Gulfport Again Topple into Wednesday's 52-Week Low Club
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January 31, 2018: Here are four stocks trading with heavy volume among 116 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by about 8 to 7 and on the Nasdaq, advancers led decliners by almost 4 to 3.
Southwestern Energy Co. (NYSE: SWN) traded down 12.4% Wednesday and posted a new 52-week low of $4.16 after closing Tuesday at $4.75. The stock’s 52-week high is $9.75. Volume was over 30 million, about 35% above the daily average of around 22.2 million shares. The company had no specific news.
Gulfport Energy Corp. (NASDAQ: GPOR) traded down about 8.2% Wednesday and posted a new 52-week low of $10.14 after closing Tuesday at $11.04. The stock’s 52-week high is $21.50. Volume was nearly 11 million, nearly three times the daily average of about 3.7 million shares. The company had no specific news but announced its capital budget and a stock repurchase program after markets closed Monday.
Northern Dynasty Minerals Ltd. (NYSEAMERICAN: NAK) dropped about 15.5% Wednesday to post a new 52-week low of $0.98 after closing at $1.16 on Tuesday. The stock’s 52-week high is $3.41. Volume was around 11 million, about three times the daily average of around 3.7 million. The company had no specific news.
Range Resources Corp. (NYSE: RRC) fell about 3.7% Wednesday to post a new 52-week low of $14.09after closing at $14.63 on Tuesday. The 52-week high is $34.93. Volume of about 10.5 million was about 20% above the daily average of around 7.9 million shares traded. The company had no specific news.
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