Stocks Hitting 52-Week Lows

Globus Maritime Limited GLBS shares fell 1.97% to touch a new 52-week low of $1.50. Globus Maritime shares have dropped 56.29% over the past 52 weeks, while the S&P 500 index has gained 13.59% in the same period. MagnaChip Semiconductor Corporation MX shares reached a new 52-week low of $7.14 following restatement of 2012 EPS from $5.16 to $2.93. Shutterstock, Inc. SSTK shares touched a new 52-week low of $54.77 after the company announced financial results Thursday for the fourth quarter ended December 31, 2014. American Express Company AXP shares fell 3.06% to reach a new 52-week low of $78.01. Bank of America downgraded American Express from Buy to Underperform, according to Bloomberg.