Stocks Hitting 52-Week Lows

by Lisa Levin, Benzinga Editor
November 8, 2016 10:28 AM | 1 min read |

 

  • Cempra Inc CEMP shares fell 11.3 percent to touch a new 52-week low of $6.07. Morgan Stanley downgraded Cempra from Overweight to Underweight and lowered the price target from $35.00 to $5.00.
  • Cray Inc. CRAY shares touched a new 52-week low of $18.55 after the company posted a wider-than-expected Q3 loss.
  • Rockwell Medical Inc RMTI shares touched a new 52-week low of $3.67. Rockwell Medical reported a Q3 loss of $0.09 per share on revenue of $12.8 million.
  • TravelCenters of America LLC TA shares declined 5.7 percent to reach a new 52-week low of $5.66 after reporting downbeat quarterly results.
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