Investing
Kinross Gold, CommScope Flop into Thursday's 52-Week Low Club
Published:
Last Updated:
November 8, 2018: Here are four stocks trading with heavy volume among 110 equities making new 52-week lows on Thursday. On the NYSE decliners led advancers by about 1.14 to 1, and on the Nasdaq, decliners led advancers by about 1.17 to 1.
Ctrip.com International Inc. (NASDAQ: CTRP) traded down more than 20% Thursday and posted a new 52-week low of $27.50 after closing Wednesday at $34.44. The stock’s 52-week high is $51.91. Volume was about five times the daily average of around 5.3 million. The China-based online travel firm beat expectations this morning when it reported earnings, but a couple of analyst downgrades weighed more heavily.
CommScope Holding Company Inc. (NASDAQ: COMM) traded down about 24% Thursday to set a new 52-week low of $18.52 after closing Wednesday at $24.49. The stock’s 52-week high is $41.60. Volume was about 11 times the daily average of around 2 million. The company announced a $7.4 billion acquisition this morning.
Kinross Gold Corp. (NYSE: KGC) traded down about 6% Thursday to set a new 52-week low of $2.51 after closing at $2.67 on Wednesday. The stock’s 52-week high is $4.78. Volume was nearly double the daily average of around 11.9 million. The gold mining company reported a loss on Wednesday night.
Zayo Group Holdings Inc. (NYSE: ZAYO) dropped about 27.6% Thursday to set a new 52-week low of $22.00 Shares closed at $30.38 on Wednesday and the stock’s 52-week high is $39.66. Volume was more than five times the daily average of around 3 million. The telecom infrastructure company has announced a plan to separate into two firms.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
