Stocks Hitting 52-Week Lows
- Express, Inc. (NYSE: EXPR) shares fell 19.3 percent to touch a new 52-week low of $10.78 after the company issued a weak outlook for the fourth quarter.
- The Coca-Cola Co (NYSE: KO) shares reached a new 52-week low of $39.96. Coca-Cola shares have dropped 5.92 percent over the past 52 weeks, while the S&P 500 index has increased 4.57 percent in the same period.
- Aradigm Corporation (NASDAQ: ARDM) shares touched a new 52-week low of $2.41. Aradigm disclosed that it has met primary and secondary endpoint in ORBIT-4. However, it missed ORBIT-3 primary and secondary endpoint.
- NII Holdings, Inc. (NASDAQ: NIHD) shares fell 2.9 percent to reach a new 52-week low of $1.65. NII Holdings shares have declined 74.63 percent over the past 52 weeks, while the S&P 500 index has gained 4.57 percent in the same period.
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