Stocks Hitting 52-Week Lows
Photronics (NASDAQ: PLAB) shares fell 5.31% to touch a new 52-week low of $4.63. Photronics projects Q4 revenue in the range of $102 million to $103 million, versus its prior forecast of $114 million to $118 million.
Comverse Technology (NASDAQ: CMVT) shares dropped 2.09% to create a new 52-week low of $3.51. Analysts at RBC Capital downgraded Comverse from “outperform” to “sector perform.”
Intercept Pharmaceuticals (NASDAQ: ICPT) shares lost 0.55% to create a new 52-week low of $17.96. Intercept Pharmaceuticals' trailing-twelve-month operating margin is -549.43%.
Summit Midstream Partners LP (NYSE: SMLP) shares declined 1.32% to create a new 52-week low of $19.93. Summit Midstream Partners is expected report its Q3 results on November 12.
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