Market Overview

Stocks Hitting 52-Week Lows (AFFX, TSLA, SIFY, HOTT)

Affymetrix Inc (NASDAQ: AFFX) shares lost 22.70% to create a new 52-week low of $4.29. AFFX has lowered its earnings and revenue outlook for the second quarter.

Tesla Motors Inc (NASDAQ: TSLA) shares fell 4.10% to create a new 52-week low of $15.45. TSLA also dipped 16% yesterday and reached below its IPO price of $17 per share.

Sify Technologies Limited (NASDAQ: SIFY) shares moved down 0.83% to create a new 52-week low of $1.20. SIFY has launched India's first consumer cloud services platform, Sify mylife, to enable digital lifestyle encompassing communication, education, travel, entertainment and utility and enhanced cyber security.

Hot Topic Inc (NASDAQ: HOTT) shares dropped 1.26% to $4.72, creating a new 52-week low. HOTT’s shares dipped 30.62% over the past 52 weeks, while the S&P 500 index gained 16.69% in the same period.

Read more from Benzinga's Company news.

Posted-In: 52-Week LowsEarnings News Guidance Markets Trading Ideas

 

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