Sears, Exelixis Fall into Tuesday’s 52-Week Low Club

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Sears, Exelixis Fall into Tuesday’s 52-Week Low Club

© Geerati / Getty Images

August 21, 2018: Here are four stocks trading with heavy volume among 40 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 1.82 to 1, and on the Nasdaq, advancers led decliners by about 2.69 to 1.

SeaChange International Inc. (NASDAQ: SEAC) traded down about 52% Tuesday to set a new 52-week low of $1.38. Shares closed at $2.90 on Monday, and the 52-week high is $4.03. Volume was about 48 times the daily average of around 100,000. The company warned that quarterly results will be worse than expected.

Exelixis Inc. (NASDAQ: EXEL) traded down about 4.4% Tuesday to post a new 52-week low of $16.92 after closing Monday at $17.69. The stock’s 52-week high is $32.50. Volume was 25% below the daily average of about 4.2 million shares. The company had no specific news and shares have recovered enough to get on track for a daily gain of around 1%.

[nativounit]

Sears Holdings Corp. (NASDAQ: SHLD) traded down about 2.4% Tuesday and posted a new 52-week low of $1.20 after closing Monday at $1.23. The stock’s 52-week high is $9.63. Volume was about slightly above the daily average of around 1.5 million. The company had no specific news and shares look set to close with a gain of more than 1%. We are watching to see which of Sears or JC Penney will be the first to become a penny stock. https://a673b.bigscoots-temp.com/retail/2018/08/20/will-jc-penney-or-sears-become-a-penny-stock-first/

Adamis Pharmaceuticals Corp. (NASDAQ: ADMP) dropped about 6.4% Tuesday to set a new 52-week low of $2.20. Shares closed at $2.35 on Monday and the stock’s 52-week high is $5.85. Volume totaled around 1.3 million, about 60% above the daily average. The company had no specific news.

[recirclink id=487208]

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618