Stocks Hitting 52-Week Lows

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EnteroMedics IncETRM
shares touched a new 52-week low of $0.423. Roth Capital Partners downgraded EnteroMedics from Buy to Neutral.
Restoration Hardware Holdings Inc RH
shares fell 19.82 percent to touch a new 52-week low of $28.92 as the company reported weaker-than-expected earnings for the first quarter and lowered its full-year forecast. Deutsche Bank downgraded Restoration Hardware from Buy to Hold and lowered the price target from $50.00 to $35.00.
Walter Investment Management CorpWAC
shares reached a new 52-week low of $3.965. Walter Investment Management announced the resignation of its CEO Denmar J. Dixon and named George M. Awad as executive chairman and interim CEO.
WL Ross Holding Corp WLRH
shares touched a new 52-week low of $9.49. WL Ross reported that it has completed the acquisition of Nexeo Solutions.
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Posted In: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week Lows
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