Market Overview

Stocks Hitting 52-Week Lows

Share:
Related CVLT
Watch These 7 Huge Put Purchases In Wednesday Trade
Mid-Afternoon Market Update: Dow Down 100 Points; CommVault Shares Surge On Earnings Beat
CommVault, IGT, Zimmer Biomet Score New Highs Ahead Of Earnings (Investor's Business Daily)
Related CYTK
Why Does The Street Like Small-Caps Cytokinetics And Anavex?
Cytokinetics Presents Exploratory Analyses of Data from Phase 3 Clinical Trial of Dexpramipexole in Patients with ALS

CommVault Systems (NASDAQ: CVLT) shares fell 29.24% to reach a new 52-week low of $48.53 after the company reported downbeat quarterly revenue. CommVault reported earnings of $0.52 per share on revenue of $156.80 million. However, analysts were expecting a profit of $0.47 per share on revenue of $160.16 million.

Cytokinetics (NASDAQ: CYTK) shares tumbled 60.19% to touch a new 52-week low of $5.17 on failed BENEFIT-ALS trial result.

Electro Scientific Industries (NASDAQ: ESIO) shares tumbled 1.89% to touch a new 52-week low of $8.81. Electro Scientific shares have dropped 14.96% over the past 52 weeks, while the S&P 500 index has gained 18.73% in the same period.

Rackspace Hosting (NYSE: RAX) shares fell 3.31% to reach a new 52-week low of $29.25. Rackspace® Hosting is expected to announce its Q1 financial results on May 12, 2014.

Posted-In: 52-Week LowsNews Movers & Shakers Intraday Update Markets

 

Related Articles (CVLT + CYTK)

View Comments and Join the Discussion!