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Community Health, Frontier Communications Dive Friday's 52-Week Low Club
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June 29, 2018: Here are four stocks trading with heavy volume among 96 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by about 1.4 to 1 and on the Nasdaq, advancers led decliners by about 1.19 to 1.
Community Health Systems plc(NYSE: CYH) traded down about 11.6% Friday to post a new 52-week low of $3.28 after closing Thursday at $3.71. The stock’s 52-week high is $10.16. Volume was more than 3 times the daily average of around 2.2 million shares. The company priced a new offering of senior secured notes after markets closed Thursday.
Frontier Communications Corp. ) fell about 3.4% Friday to post a new 52-week low of $5.09. Shares closed at $5.27 on Thursday. The 52-week high is $18.30. Volume of around 3.7 million was slightly above the daily average. The company had no specific news.
Liberty Global plc (NASDAQ: LBTYK) dropped about 3% Friday to post a new 52-week low of $26.08. Shares closed at $26.91 on Thursday and the stock’s 52-week high is $37.86. Volume totaled about 3 million shares, about 10% below the daily average. The company had no specific news.
BRFS SA (NYSE: BRFS) traded down about 0.6% Friday and posted a new 52-week low of $4.65 after closing Thursday at $4.68. The stock’s 52-week high is $15.50. Volume totaled about 4.3 million, roughly 35% higher than the daily average. The Brazilian food company plans to sell $130 million worth of assets to cut debt.
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