Kinder Morgan, AMD Sink into Tuesday's 52-Week Low Club

Investing

Published: April 3, 2018 4:04 pm

Last Updated: January 12, 2020 1:48 am

April 3, 2018: Here are four stocks trading with heavy volume among 149 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by more than 2 to 1 and on the Nasdaq, advancers led decliners by about the same ratio.

Advanced Micro Devices Inc. (NASDAQ: AMD) fell by about 2.4% Tuesday to post a new 52-week low of $9.30 after closing at $9.53 on Monday. The 52-week high is $15.65. Volume of about 46 million was around 25% below the daily average. The company had no specific news.

Weatherford International plc (NYSE: WFT) traded down about 3.7% Tuesday and match a 52-week low of $2.08 after closing Monday at $2.16. The stock’s 52-week high is $6.86. Volume was about 10% below the daily average of around 23.7 million shares. The company had no specific news.

Kinder Morgan Inc. (NYSE: KMI) traded down about 1.4% Tuesday and posted a new 52-week low of $14.69 after closing Monday at $14.90. The stock’s 52-week high is $21.92. Volume totaled around 12 million, about 30% below the daily average. The company had no specific news.

The Western Union Co. (NYSE: WU) dropped 2.9% Tuesday to post a new 52-week low of $17.38. Shares closed at $18.93 on Monday and the stock’s 52-week high is $22.21. Volume was more nearly 10% above the daily average of around 6 million shares. The company’s stock was hit following an announcement from Walmart of a worldwide money transfer service.

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