JD.com, Exelixis Stumble into Monday's 52-Week Low Club

Investing

Published: September 17, 2018 4:04 pm

Last Updated: January 11, 2020 5:47 pm

September 17, 2018: Here are four stocks trading with heavy volume among 107 equities making new 52-week lows in Monday’s session. On the NYSE decliners led advancers by about 1.6 to 1, and on the Nasdaq, decliners led advancers by about 1.94 to 1.

JD.com Inc. (NYSE: JD) traded down about 6.6% Monday to set a new 52-week low of $25.33 after closing at $27.11 on Friday. The stock’s 52-week high is $50.68. Volume was about 40% above the daily average of around 17.7 million. The company had no specific news.

Turquoise Hill Resources Ltd. (NYSE: TRQ) traded down about 1.4% Monday and posted a new 52-week low of $2.11 after closing Friday at $2.14. The stock’s 52-week high is $3.59. Volume was about double the daily average of around 2.5 million. The company had no specific news. Shares are on track for a daily gain of about 0.5%.

Exelixis Inc. (NASDAQ: EXEL) traded down about 6.8% Monday to post a new 52-week low of $15.82 after closing Friday at $16.97. The stock’s 52-week high is $32.50. Volume was about 10% above the daily average of around 4.3 million shares. The company had no specific news.

Floor & Decor Holdings Inc. (NYSE: FND) dropped about 3% Monday to set a new 52-week low of $33.61. Shares closed at $34.67 on Friday and the stock’s 52-week high is $58.28. Volume was more than double the daily average of around 1.2 million. The company priced a secondary offering of 10 million shares at $37.25 per share.

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.