Stocks Hitting 52-Week Lows
International Business Machines (NYSE: IBM) shares reached a new 52-week low of $173.77 after the company reported downbeat third-quarter revenue.
Amarin Corporation plc (NASDAQ: AMRN) shares dropped 62.67% to touch a new 52-week low of $1.93 after the company announced negative FDA Advisory Committee outcome for the use of Vascepa in the treatment of high triglycerides with mixed dyslipidemia.
Giga-tronics (NASDAQ: GIGA) shares declined 10.58% to touch a new 52-week low of $0.93. Giga-tronics's trailing-twelve-month ROE is -94.16%.
Ultratech (NASDAQ: UTEK) shares reached a new 52-week low of $25.52 after the company reported weaker-than-expected Q3 results.
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