CVS Health, Finisar Topple into Tuesday's 52-Week Low Club

Investing

Published: March 27, 2018 4:04 pm

Last Updated: January 12, 2020 2:00 am

March 27, 2018: Here are four stocks trading with heavy volume among 147 equities making new 52-week lows in Tuesday’s session. On the NYSE decliners led advancers by about 7 to 3 and on the Nasdaq, decliners led advancers by almost 4 to 1.

Eldorado Gold Corp. NYSE: EGO) dropped about 5.7% Tuesday to post a new 52-week low of $0.80. Shares closed at $0.87 on Monday and the stock’s 52-week high is $3.78. Volume was about 60% higher than the daily average of around 10.4 million shares. The company had no specific news Tuesday.

CVS Health Corp. (NYSE: CVS) traded down about 1.8% Tuesday and posted a new 52-week low of $60.50 after closing Monday at $61.60. The stock’s 52-week high is $84.00. Volume totaled about 5 million, about half the daily average. The company had specific news.

Finisar Corp. (NASDAQ: FNSR) traded down about 3.2% Tuesday and posted a new 52-week low of $15.66 after closing Monday at $16.17. The stock’s 52-week high is $29.07. Volume was less than 10% below the daily average of around 4.4 million shares. The company had no specific news.

Kimco Realty Corp. (NYSE: KIM) fell by about 3.5% Tuesday to post a new 52-week low of $13.69 after closing at 14.19 on Monday. The 52-week high is $23.03. Volume of around 4.2 million was about 25% below the daily average. The company had no specific news Tuesday.

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