Stocks Hitting 52-Week Lows

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Rocket Fuel
FUEL
shares tumbled 24.96% to reach a new 52-week low of $20.87 after the company issued a weak outlook. Goldman Sachs downgraded Rocket Fuel from Buy to Neutral and cut the price target from $69.00 to $25.00. Intermolecular
IMI
shares touched a new 52-week low of $2.16. Intermolecular shares have dropped 73.49% over the past 52 weeks, while the S&P 500 index has gained 14.81% in the same period. PROS Holdings
PRO
shares touched a new 52-week low of $19.86 after the company posted Q1 earnings of $0.01 per share on revenue of $42.90 million. Pacific Crest Securities downgraded the stock from Outperform to Sector Perform. Molycorp
MCP
shares dipped 11.86% to reach a new 52-week low of $3.27. JP Morgan downgraded Molycorp from Neutral to Underweight.
Posted In: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week Lows
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