Investing
Papa John's, eBay Drop into Monday's 52-Week Low Club
Published:
Last Updated:
July 23, 2018: Here are four stocks trading with heavy volume among 76 equities making new 52-week lows in Monday’s session. On the NYSE decliners led advancers by about 1.3 to 1 and on the Nasdaq, advancers led decliners by about 1.02 to 1.
AT&T Inc. (NYSE: T) traded nearly 1% Monday to post a new 52-week low of $30.80 after closing Friday at $31.10. The stock’s 52-week high is $39.80. Volume was about 40% below the daily average of about 43 million shares. The company had no specific news.
eBay Inc. (NASDAQ: EBAY) traded down about 2% Monday and posted a new 52-week low of $33.49 after closing Friday at $34.20. The stock’s 52-week high is $46.99. Volume totaled about million, about 30% above the daily average. The company had no specific news but shares still suffer from a weak earnings report last week.
Papa John’s International Inc. (NASDAQ: PZZA) dropped more than 10% Monday to set a new 52-week low of $46.30. Shares closed at $51.59 on Friday and the stock’s 52-week high is $81.09. Volume totaled more than four times the daily average of around 1.2 million. The company’s board adopted a poison pill over the weekend that would prevent former CEO and chairman John Schnatter from acquiring more stock. Investors sense a nasty battle coming up and may prefer to put their money somewhere less risky.
Illinois Tool Works Inc. (NYSE: ITW) traded down about 8.3% Monday to set a new 52-week low of $134.66. Shares closed at $146.86 on Friday, and the 52-week high is $179.07. Volume was more than three times the daily average of around 1.6 million. The company lowered its outlook this morning.
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
