Stocks Hitting 52-Week Lows

SeaWorld Entertainment SEAS shares tumbled 26.29% to touch a new 52-week low of $20.75 after the company reported downbeat second-quarter results and lowered its full-year forecast. King Digital Entertainment plc KING shares fell 23.64% to reach a new 52-week low of $13.90 after the company reported weak second-quarter revenue and cut its full-year forecast. Five analysts downgraded King Digital on Wednesday. Cree CREE shares reached a new 52-week low of $44.32 after the company issued a disappointing forecast for its fiscal first quarter and reported weak FQ4 revenue. Response Genetics RGDX shares touched a new 52-week low of $0.62. Response Genetics is expected to release Q2 financial results on August 14, 2014.