Stocks Hitting 52-Week Lows
Marvell Technology Group Ltd (NASDAQ: MRVL) shares lost 2.38% to create a new 52-week low of $9.02. Analysts at Canaccord Genuity downgraded Marvell Technology from “buy” to “hold.”
Gevo (NASDAQ: GEVO) shares fell 9.11% to touch a new 52-week low of $1.94. Gevo's trailing-twelve-month ROE is -70.13%.
VeriFone Systems (NYSE: PAY) shares declined 6.83% to create a new 52-week low of $27.97. VeriFone shares have dropped 19.34% over the past 52 weeks, while the S&P 500 index has gained 25.24% in the same period.
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