Ford, Alibaba Slip into Tuesday's 52-Week Low Club

Investing

Published: September 11, 2018 4:04 pm

Last Updated: January 11, 2020 6:05 pm

September 11, 2018: Here are four stocks trading with heavy volume among 201 equities making new 52-week lows in Tuesday’s session. On the NYSE decliners and advancers traded essentially evenly, and on the Nasdaq, decliners led advancers by about 1.17 to 1.

Alibaba Group Holding Ltd. (NYSE: BABA) traded down about 2.2% Tuesday and posted a new 52-week low of $152.86 after closing Monday at $156.36. The stock’s 52-week high is $211.70. Volume was about 10% above the daily average of around 21.4 million. The company announced an investment in a Russian firm today. Shares are on track to close with a small gain.

Ford Motor Co. (NYSE: F) traded down about 1.7% Tuesday to set a new 52-week low of $9.22 after closing at $9.38 on Monday. The stock’s 52-week high is $13.48. Volume was about 35% lower than the daily average of around 39 million. The company had no specific news.

Ambev SA (NYSE: ABEV) traded down about 4% Tuesday to post a new 52-week low of $4.28 after closing Monday at $4.46. The stock’s 52-week high is $7.43. Volume was about 35% below the daily average of around 33 million shares. The company had no specific news.

JD.com Inc. (NASDAQ: JD) dropped about 2.1% Tuesday to set a new 52-week low of $25.90. Shares closed at $26.53 on Monday and the stock’s 52-week high is $50.68. Volume totaled around 16.3 million, about 10% below the daily average. The company had no specific news.

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