Investing
Oracle, Starbucks Plunge into Wednesday's 52-Week Low Club
Published:
Last Updated:
June 20, 2018: Here are four stocks trading with heavy volume among 60 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by about 1.55 to 1 and on the Nasdaq, advancers led decliners by about 1.81 to 1.
Oracle Corp. (NYSE: ORCL) traded down about 8% Wednesday to post a new 52-week low of $42.57 after closing Tuesday at $46.27. The stock’s 52-week high is $53.48. Volume was about more than three times the daily average of around 15.6 million shares. The company’s quarterly earnings were disappointing.
Starbucks Corp. (NASDAQ: SBUX) traded down about 10.2% Wednesday and posted a new 52-week low of $51.58 after closing Tuesday at $57.43. The stock’s 52-week high is $61.94. Volume totaled about 3.1 million, about a third higher than the daily average of around 3.2 million. The company said this last night that it will close 150 stores, among other changes, and analysts whacked the shares this morning.
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) dropped about 33% Wednesday to post a new 52-week low of $0.30. Shares closed at $0.45 on Tuesday and the stock’s 52-week high is $38.86. Volume was more than double the daily average of around 16 million. Theater owner AMC launched a competitive program to Helios’s MoviePass.
Celldex Therapeutics Inc. (NASDAQ: CLDX) fell about 1.7% Wednesday to post a new 52-week low of $0.58. Shares closed at $0.59 on Tuesday. The 52-week high is $3.26. Volume of around 3.8 million was around 10% higher than the daily average of about 3.7 million. The company had no specific news.
24/7 Wall St.The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
