Stocks Hitting 52-Week Lows
Viacom, Inc. (NASDAQ: VIAB) shares fell 14.26 percent to reach a new 52-week low of $44.08. Viacom reported in-line earnings for its fiscal third quarter, but the company's revenue missed analysts' estimates.
Icahn Enterprises LP (NASDAQ: IEP) shares fell 2.38 percent to touch a new 52-week low of $76.10. Icahn Enterprises reported Q2 earnings of $1.68 per share on revenue of $4.98 billion.
Twenty-First Century Fox Inc (NASDAQ: FOXA) shares declined 11.73 percent to reach a new 52-week low of $28.17. Twenty-First Century Fox reported better-than-expected earnings for the fourth quarter, but the company's sales missed analysts' estimates. The company announced a $5 billion stock buyback program and lowered its profit outlook for year.
Sequenom, Inc. (NASDAQ: SQNM) shares touched a new 52-week low of $2.165 on downbeat quarterly results.
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