Stocks Hitting 52-Week Lows

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Christopher & Banks
CBK
shares fell 19.65% to touch a new 52-week low of $5.52 after the company reported weaker-than-expected sales for the third quarter and issued a downbeat forecast for the fourth quarter. However, the company posted upbeat quarterly earnings. Aéropostale
ARO
shares tumbled 22.87% to reach a new 52-week low of $2.46 after the company issued a weak forecast for the fourth quarter. The company expected a loss of $0.37 to $0.44 per share, versus analysts' expectations for a $0.37 per share loss. The company also announced its plans to close around 75 stores in the current quarter. However, the company reported upbeat revenue for the third quarter. SeaChange International
SEAC
shares dipped 12.98% to touch a new 52-week low of $6.10 after the company reported a Q3 loss of $0.07 per share on revenue of $30.0 million and lowered its FY15 outlook. Kindred Biosciences
KIN
shares touched a new 52-week low of $6.31 after the company reported that it has decided to stop its Atokin study.
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Posted In: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week Lows
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