Stocks Hitting 52-Week Lows
Taomee Holdings (NYSE: TAOM) shares lost 2.48% to create a new 52-week low of $3.15. Taomee promoted Mr. Roc Yunpeng Cheng to President of the company.
TIBCO Software (NASDAQ: TIBX) shares fell 20.91% to touch a new 52-week low of $19.55. TIBCO Software issued downbeat Q4 forecast.
Loral Space & Communications (NASDAQ: LORL) shares dropped 0.51% to create a new 52-week low of $53.39. Loral's trailing-twelve-month ROA is 1.91%.
China Mobile Games and Entertainment Group (NASDAQ: CMGE) shares declined 2.78% to create a new 52-week low of $3.50. CMGE had $32.11 million in total cash for the latest quarter.
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