Investing
TrovaGene, Globalsat Plunge into Friday's 52-Week Low Club
Published:
Last Updated:
June 8, 2018: Here are four stocks trading with heavy volume among 41 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by about 1.43 to 1 and on the Nasdaq, advancers led decliners by about 1.31 to 1.
TrovaGene Inc. (NASDAQ: TROV) fell more than 55% Friday to post a new 52-week low of $0.79 after closing at $1.77 on Thursday. The 52-week high is $19.56. Volume of around 11 million was nearly five times the daily average of about 230,000. The company announced a public offering of $18 million in stock and warrants priced at $1.00 for the unit.
Globalstar Inc. (NYSEAMERICAN: GSAT) traded down about 2% Friday and posted a new 52-week low of $0.49 after closing Thursday at $0.50. The stock’s 52-week high is $2.30. Volume totaled about 4.2 million, almost 20% below the daily average of around 5.4 million. The company had no specific news.
RPC Inc. (NYSE: RES) traded down about 8.2% Friday to post a new 52-week low of $13.91 after closing Thursday at $15.16. The stock’s 52-week high is $27.07. Volume was more than double the daily average of around 1.5 million shares. A Wednesday announcement of new capital spending sent investors to the exits.
Berry Global Group Inc. (NYSE: BERY) dropped about 0.7% Friday to post a new 52-week low of $46.36. Shares closed at $46.70 on Thursday and the stock’s 52-week high is $61.71. The company had no specific news.
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.