Stocks Hitting 52-Week Lows

Wal-Mart Stores, Inc. WMT shares fell 2.66 percent to reach a new 52-week low of $70.00 after the company reported weaker-than-expected earnings for the second quarter and lowered its full-year forecast. YuMe Inc YUME shares reached a new 52-week low of $3.15. YuMe shares have dropped 33.61 percent over the past 52 weeks, while the S&P 500 index has gained 6.63 percent in the same period. Vera Bradley, Inc. VRA shares touched a new 52-week low of $9.82. Jefferies downgraded Vera Bradley from Buy to Hold and lowered the price target from $18.00 to $11.00. SFX Entertainment Inc SFXE shares dipped 22.56 percent to touch a new 52-week low of $1.03. Stifel analyst Benjamin E. Mogil downgraded the rating on SFX Entertainment from Hold to Sell, with a price target of $1.