Stocks Hitting 52-Week Lows

International Business Machines IBM shares reached a new 52-week low of $173.77 after the company reported downbeat third-quarter revenue. Amarin Corporation plc 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 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 UTEK shares reached a new 52-week low of $25.52 after the company reported weaker-than-expected Q3 results.