Investing
Ford, General Motors Back into Thursday's 52-Week Low Club
Published:
Last Updated:
October 18, 2018: Here are four stocks trading with heavy volume among 278 equities making new 52-week lows in Thursday’s session. On the NYSE decliners led advancers by about 3.25 to 1, and on the Nasdaq, decliners led advancers by about 3.24 to 1.
Ford Motor Co. (NYSE: F) traded down about 2.7% Thursday to post a new 52-week low of $8.52 after closing Wednesday at $8.76. The stock’s 52-week high is $13.48. Volume was less than 15% below the daily average of around 43 million shares. The National Highway Traffic Safety Administration has begun a preliminary investigation into complaints that some 54,000 pickup trucks’ tailgates open while the trucks are being driven.
J.C. Penney Co. Inc. (NYSE: JCP) traded down about 6.5% Thursday to set a new 52-week low of $1.43 after closing at $1.53 on Wednesday. The stock’s 52-week high is $4.75. Volume was about 33% lower than the daily average of around 15 million. The company had no specific news.
Freeport-McMoRan Inc. (NYSE: FCX) traded down about 2.7% Thursday and posted a new 52-week low of $12.06 after closing Wednesday at $12.40. The stock’s 52-week high is $20.25. Volume was about 10% below the daily average of around 19 million. The mining giant had no specific news.
General Motors Co. (NYSE: GM) dropped about 3% Thursday to set a new 52-week low of $30.97. Shares closed at $31.93 on Wednesday and the stock’s 52-week high is $46.76. Volume was about 15% below the daily average of around 12.6 million. The company had no specific news.
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.