Stocks Hitting 52-Week Lows
Polypore International (NYSE: PPO) shares fell 8.98% to reach a new 52-week low of $29.99 after William Blair downgraded the stock from Outperform to Market Perform.
Rogers Communications (NYSE: RCI) shares touched a new 52-week low of $37.13 after JPMorgan downgraded the stock from Overweight to Neutral.
Onconova Therapeutics (NASDAQ: ONTX) shares tumbled 42.64% to touch a new 52-week low of $7.95 after the company announced results from Phase 3 ONTIME trial of Rigosertib in higher risk myelodysplastic syndromes. Piper Jaffray downgraded the stock from Overweight to Neutral and lowered the price target from $38.00 to $9.00.
The Fresh Market (NASDAQ: TFM) shares fell 4.97% to reach a new 52-week low of $32.66 after Deutsche Bank downgraded the stock from Buy to Hold.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.