Stocks Hitting 52-Week Lows

CommVault Systems

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

shares tumbled 60.19% to touch a new 52-week low of $5.17 on failed BENEFIT-ALS trial result. Electro Scientific Industries

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

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.