Stocks Hitting 52-Week Lows

AngloGold Ashanti AU shares touched a new 52-week low of $9.43. Gold futures fell 0.15% to trade at $1,229.90 an ounce. Mistras Group MG shares dropped 1% to reach a new 52-week low of $15.83. Mistras Group shares have dropped 17.49% over the past 52 weeks, while the S&P 500 index has gained 11.64% in the same period. Pain Therapeutics PTIE shares reached a new 52-week low of $1.70 after Pfizer PFE announced that it will discontinue deal on REMOXY. Pain Therapeutics will regain full development and commercial rights to REMOXY. Akebia Therapeutics AKBA shares touched a new 52-week low of $12.30. after Akebia Therapeutics reported positive top-line results from its Phase 2b study of AKB-6548 in non-dialysis patients with anemia related to chronic kidney disease.