Stocks Hitting 52-Week Lows
China Mobile (NYSE: CHL) shares fell 2.94% to reach a new 52-week low of $41.65. On Thursday, China Mobile reported a 5.9% drop in its net profit last year.
Symantec (NASDAQ: SYMC) shares fell 12.75% to touch a new 52-week low of $18.24 after the company fired President and Chief Executive Steve Bennett and appointed director Michael Brown as interim president and CEO. UBS downgraded the stock from Buy to Neutral and lowered the price target from $27.00 to $21.00.
Liquid Holdings Group (NASDAQ: LIQD) shares touched a new 52-week low of $4.094. Liquid Holdings' trailing-twelve-month EPS is -$2.10.
Wet Seal (NASDAQ: WTSL) shares reached a new 52-week low of $1.55 on Q4 results. Wet Seal posted a Q4 loss of $0.23 per share on revenue of $124.80 million.
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