Market Overview

Stocks Hitting 52-Week Lows

Related MMR
Freeport-McMoRan Copper & Gold Completes Oil & Gas Transactions, Creates Premier U.S. Based Natural Resource Company
UPDATE: Freeport-McMoRan Copper & Gold Inc. Announces Intention to Declare $1.00 per Share Supplemental Dividend on Closing of Plains Exploration & Production Company Acquisition and Reiterates Capital Allocation Plan for Oil & Gas Business
Related PTGI
Stocks Hitting 52-Week Lows
PTGi Board of Directors Declares Special Dividend of $8.50 per Share

McMoRan Exploration Co (NYSE: MMR) shares lost 22.80% to create a new 52-week low of $7.45. Analysts at RBC Capital downgraded McMoRan Exploration from “outperform” to “sector perform.”

Primus Telecommunications Group (NYSE: PTGI) shares fell 3.90% to touch a new 52-week low of $11.32. Primus Telecommunications' trailing-twelve-month ROE is -44.34%.

Nidec (NYSE: NJ) shares dropped 2.67% to create a new 52-week low of $15.67. Nidec shares have dropped 27.12% over the past 52 weeks, while the S&P 500 index has gained 17.66% in the same period.

Acorn International (NYSE: ATV) shares declined 14.72% to create a new 52-week low of $2.26. Acorn International entered into an Insurance Business Cooperation Agreement with Sino-US United MetLife Insurance Co.

Posted-In: 52-Week LowsNews Movers & Shakers Intraday Update Markets

 

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