Stocks Hitting 52-Week Lows
Best Buy Co (NYSE: BBY) shares lost 13.53% to create a new 52-week low of $11.89. Best Buy reported a drop in its Q3 same-store sales.
Hewlett-Packard Co (NYSE: HPQ) shares fell 11.80% to touch a new 52-week low of $11.73. Hewlett-Packard posted downbeat Q4 revenue.
Intel (NASDAQ: INTC) shares dropped 3.09% to create a new 52-week low of $19.63. Analysts at UBS downgraded Intel from “buy” to “neutral.”
Diamond Foods (NASDAQ: DMND) shares declined 1.95% to create a new 52-week low of $13.08. Diamond Foods shares have dropped 61.85% over the past 52 weeks, while the S&P 500 index has gained 16.74% in the same period.
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