September 27, 2018: Here are four stocks trading with heavy volume among 134 equities making new 52-week lows in Thursday’s session. On the NYSE advancers led decliners by about 1.25 to 1, and on the Nasdaq, decliners led advancers by about 1.03 to 1.
Geron Corp. (NASDAQ: GERN) traded down about 76% Thursday to set a new 52-week low of $1.50 after closing at $6.23 on Wednesday. The stock’s 52-week high is $6.99. Volume was more than 12 times the daily average of about 6.2 million. The company’s partnership with Johnson & Johnson to develop a new cancer drug was ended today.
Bed, Bath & Beyond Inc. (NASDAQ: BBBY) traded down about 25% Thursday to post a new 52-week low of $14.16 after closing Wednesday at $18.81. The stock’s 52-week high is $24.74. Volume was more than 15 times the daily average of around 3.5 million shares. The company reported weak earnings and offered a lower forecast.
Ford Motor Co. (NYSE: F) traded down about 0.7% Thursday and posted a new 52-week low of $9.20 after closing Wednesday at $9.27. The stock’s 52-week high is $13.48. Volume was about 25% below the daily average of around 39.7 million. The company had no specific news.
Conagra Brands Inc. (NYSE: CAG) dropped about 9% Thursday to set a new 52-week low of $32.81. Shares closed at $36.06 on Wednesday and the stock’s 52-week high is $39.43. Volume was nearly triple the daily average of around 5.3 million. The company missed expectations when it reported quarterly results this morning.
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