Stocks Hitting 52-Week Lows

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Korn/Ferry InternationalKFY
shares touched a new 52-week low of $22.42. Korn/Ferry posted upbeat results for its fourth quarter, but issued a weak earnings forecast. Baird downgraded Korn/Ferry from Outperform to Neutral.
Foot Locker, Inc. FL
shares dropped 1.95 percent to touch a new 52-week low of $53.18. Foot Locker shares have declined 14.89 percent over the past 52 weeks, while the S&P 500 index has dropped 2.34 percent in the same period.
Cavium Inc CAVM
shares reached a new 52-week low of $39.67. Cavium announced plans to buy
QLogic CorporationQLGC
for about $1.36 billion.
American Airlines Group Inc AAL
shares fell 3.51 percent to touch a new 52-week low of $29.42. BofA/Merrill Lynch downgraded American Airlines from Neutral to Underperform.
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Posted In: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week Lows
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