Investing
Weight Watchers, Dean Foods Drop into Monday's 52-Week Low Club
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December 31, 2018: Here are four stocks trading with heavy volume among 118 equities trading at new 52-week lows in the mid-afternoon Monday. On the NYSE, advancers led by decliners about 1.47 to 1 and advancers led decliners on the Nasdaq by about 1.15 to 1.
The three major indexes are on track for moderate gains of around half a percent to about three-quarters of a percent. Crude oil traded down about 0.4% shortly before trading closes and is on track to settle at around $45.00 a barrel. Gold settled down 0.11% at $1,281.30 for the day to close the month up about 4.7% and down about 2.1% for the year.
Weight Watchers International Inc. (NYSE: WTW) traded down about 9.9% to post a new 52-week low of $37.20 Monday after closing at $41.29 on Friday. The stock’s 52-week high is $105.73. Volume was about 50% higher than the daily average of around 7 million. The company had no specific news.
American Midstream Partners LP (NYSE: AMID) traded down more than 36% to post a new 52-week low of $2.75 Monday after closing at $4.33 on Friday. The stock’s 52-week high is $15.25 and volume was about six times the daily average of around 440,000. The company had no specific news.
Intrexon Corp. (NASDAQ: XON) dropped about 7.8% Monday to set a new 52-week low of $6.27. Shares closed at $6.80 on Friday and the stock’s 52-week high is $20.16. Volume was about a third higher than the daily average of around 1.4 million. The biotech firm had no specific news.
Dean Foods Co. (NYSE: DF) traded down about 5.5% Monday and posted a new 52-week low of $3.61 after closing Friday at $3.82. The stock’s 52-week high is $12.09. Volume was about 25% lower than the daily average of around 1.5 million. The company had no specific news.
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