Market Overview

Stocks Hitting 52-Week Lows

Related CVLT
Mid-Afternoon Market Update: Markets Show Weakness as Weatherford Remains Up
Mid-Day Market Update: Pandora Shares Tumble After Q1 Results; Weatherford Spikes Higher
Related CYTK
Biotech Stock Roundup: Gilead's Sovaldi Shines, Biogen & Alexion Up Outlook - Analyst Blog
Cytokinetics' Tirasemtiv Misses Primary Endpoint - Analyst Blog

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)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters