Investing
Vodafone, Lexicon Pharma Slip Into Friday's 52-Week Low Club
Published:
Last Updated:
January 25, 2019: Here are four stocks trading with heavy volume among just 14 equities that have posted new 52-week lows by the noon hour Friday. On the New York Stock Exchange, advancers led decliners by about 4.15 to 1 and advancers led decliners on the Nasdaq by about 2.83 to 1.
The three major indexes traded solidly higher with gains of around 1% or more. Crude oil traded up about 0.9% on the day at $53.62 a barrel. Gold was trading up about 1.4% at $1,298.20 for the day.
Vodafone Group PLC (NASDAQ: VOD) traded down about 3.8% to post a new 52-week low of $17.86 Friday, after closing at $18.56 on Thursday. The stock’s 52-week high is $32.41. Volume was about 20% below the daily average of around 8.1 million. The company announced this morning that it plans to hold off on further deployment of Huawei products in its core networks.
Amneal Pharmaceuticals Inc. (NYSE: AMRX) dropped about 2.6% Friday to set a new 52-week low of $11.68. Shares closed at $11.99 on Thursday, and the stock’s 52-week high is $24.48. Volume was about equal to the daily average of about 1.0 million. The company reported quarterly results after markets closed Thursday.
Lexicon Pharmaceuticals Inc. (NASDAQ: LXRX) traded down about 6.6% to post a new 52-week low of $4.27 Friday, after closing at $4.57 on Thursday. The stock’s 52-week high is $13.97, and volume was about 15% higher than the daily average of around 610,000. The company had no specific news.
Maiden Holdings Ltd. (NASDAQ: MHLD) traded down about 6.6% Friday and posted a new 52-week low of $1.12, after closing Thursday at $1.20. The stock’s 52-week high is $9.10. Volume was about 75% lower than the daily average of around 830,000. The Bermuda-based reinsurance provider had no specific news.
The Average American Has No Idea How Much Money You Can Make Today (Sponsor)
The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.
But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.