September 4, 2018: Here are four stocks trading with heavy volume among 113 equities making new 52-week lows in Tuesday’s session. On the NYSE decliners led advancers by about 1.96 to 1, and on the Nasdaq, decliners led advancers by about 1.52 to 1.
JD.com Inc. (NASDAQ: JD) traded down about 7.2% Tuesday to post a new 52-week low of $29.06 after closing Friday at $31.30. The stock’s 52-week high is $50.68. Volume was about two and a half times the daily average of around 15.5 million shares. The company’s CEO was arrested and released over the weekend following a charge of sexual misconduct.
Ambev SA (NYSE: ABEV) dropped 6.9% Tuesday to set a new 52-week low of $4.33. Shares closed at $4.65 on Friday and the stock’s 52-week high is $7.43. Volume totaled around 35 million, less than 2% above the daily average. The company had no specific news, but investors these days are wary of investments in South America-focused stocks.
Snap Inc. (NYSE: SNAP) traded down about 4.3% Tuesday and posted a new 52-week low of $10.43 after closing Friday at $10.90. The stock’s 52-week high is $21.22. Volume was about equal to the daily average of around 21.5 million. The company had no specific news.
Itaú Unibanco Holding SA (NYSE: ITUB) traded down about 5% Tuesday to set a new 52-week low of $9.89 after closing at $10.42 on Friday. The stock’s 52-week high is $16.98. Volume was about 50% higher than the daily average of around 13.9 million. The Brazilian financial services company had no specific news, but South American stocks were not in favor today.
The Average American Is Losing Momentum on Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%* today. Checking accounts are even worse.
But there is good news. To win qualified customers, some accounts are paying nearly 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.