Investing
American Airlines, Avon Products Plummet into Wednesday's 52-Week Low Club
Published:
Last Updated:
July 11, 2018: Here are four stocks trading with heavy volume among 63 equities making new 52-week lows in Wednesday’s session. On the NYSE decliners led advancers by about5 2.5 to 1 and on the Nasdaq, decliners led advancers by about 1.87 to 1.
American Airlines Group Inc. (NASDAQ: AAL) dropped about 8.2% Wednesday to post a new 52-week low of $35.90. Shares closed at $39.12 on Tuesday and the stock’s 52-week high is $59.08. Volume totaled nearly four times the daily average of around 6 million. The company lowered second quarter guidance this morning.
Farmland Partners Inc. (NYSE: FPI) fell about 40% Wednesday to post a new 52-week low of $5.16. Shares closed at $8.65 on Tuesday, and the 52-week high is $968. Volume of around 7 million was about 35 times the daily average.
Avon Products Inc. (NYSE: AVP) traded down 4.6% Wednesday to match a 52-week low of $1.45 after closing Tuesday at $1.52. The stock’s 52-week high is $3.89. Volume was a third higher than the daily average of about 4.6 million shares.
Idera Pharmaceuticals Inc. (NASDAQ: IDRA) traded down more than 25% Wednesday and posted a new 52-week low of $1.02 after closing Tuesday at $1.37. The stock’s 52-week high is $1.52. Volume totaled around 4.5million, about three times the daily average. A proposed merger with BioCyst was called off.
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
