Stocks Hitting 52-Week Lows

Franklin Resources, Inc. BEN shares touched a new 52-week low of $31.53 after the company reported downbeat Q1 earnings. Hillenbrand, Inc. HI shares reached a new 52-week low of $24.57 after the company reported weaker-than-expected Q1 results and lowered its full-year earnings forecast. IAC/InterActiveCorp IAC shares fell 13.72 percent to touch a new 52-week low of $43.89 after the company reported downbeat Q4 results. Banner Corporation BANR shares dropped 2.80 percent to touch a new 52-week low of $39.37. Banner shares have dropped 4.73 percent over the past 52 weeks, while the S&P 500 index has declined 6.78 percent in the same period.