Investing
General Electric, Chesapeake Energy Slide into Thursday's 52-Week Low Club
Published:
Last Updated:
February 8, 2018: Here are four stocks trading with heavy volume among 203 equities making new 52-week lows in Thursday’s session. On the NYSE decliners led advancers by more than 6 to 1 and on the Nasdaq, decliners led advancers by about 5 to 1.
General Electric Co. (NYSE: GE) fell about 4.1% Thursday to post a new 52-week low of $14.62 after closing at $15.25 on Wednesday. The 52-week high is $30.59. Volume of about 99 million was around 10% above the daily average. The company had no specific news.
Chesapeake Energy Corp. (NYSE: CHK) dropped 3.1% Thursday to match a 52-week low of $2.80 (set yesterday) after closing at $2.89 on Wednesday. The stock’s 52-week high is $6.65. Volume was around 29 million, about equal to the daily average. The company had no specific news.
Weatherford International plc (NYSE: WFT) traded down about 10% Thursday and posted a new 52-week low of $2.63 after closing Wednesday at $2.93. The stock’s 52-week high is $7.09. Volume was around 43 million, about double the daily average. The company had no specific news.
Barrick Gold Corp. (NYSE: ABX) traded down nearly 2% Thursday and posted a new 52-week low of $13.13 after closing Wednesday at $13.39. The stock’s 52-week high is $20.78. Volume was around 12 million, about 20% higher than the daily average of about 10.4 million shares. The company said Wednesday that it will take a$429 million impairment charge on its Pascua-Lama mine located on the border between Argentina and Chile.
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.