Stocks That Hit 52-Week Lows On Thursday


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


 

On Thursday, 13 stocks hit new 52-week lows.

Interesting Highlights From Today's 52-Week Lows:

  • The company with the largest market cap to set a new 52-week low was Palo Alto Networks (NASDAQ:PANW).
  • Novo Integrated Sciences (NASDAQ:NVOS) is the smallest company on a market cap basis to set a new 52-week low.
  • Oramed Pharmaceuticals (NASDAQ:ORMP) shares traded down 75.9% to reach its 52-week low, making it the biggest loser.
  • L3Harris Technologies (NYSE:LHX) was the most promising stock of the group, with shares actually trading up 0.6% to bounce back after reaching its new 52-week low.

Stocks dropping to new 52-week lows on Thursday:

  • Palo Alto Networks (NASDAQ:PANW) shares made a new 52-week low of $132.22 on Thursday. The stock was down 1.08% for the day.
  • L3Harris Technologies (NYSE:LHX) stock hit $197.02 on Thursday morning, setting a new 52-week low for a change of down 0.6%.
  • Zscaler (NASDAQ:ZS) stock set a new 52-week low of $99.64 on Thursday, moving down 4.97%.
  • Arqit Quantum (NASDAQ:ARQQ) stock set a new 52-week low of $2.41 on Thursday, moving down 2.54%.
  • Century Therapeutics (NASDAQ:IPSC) stock achieved a new 52-week low on Thursday morning, hitting $4.44 and moving down 0.65%.
  • KNOT Offshore Partners (NYSE:KNOP) stock drifted down 39.33% on Thursday morning to hit a new 52-week low of $5.81.
  • Local Bounti (NYSE:LOCL) shares made a new 52-week low of $1.11 on Thursday. The stock was up 1.73% for the day.
  • Oramed Pharmaceuticals (NASDAQ:ORMP) stock hit a yearly low of $2.32. The stock was down 75.9% for the day.
  • OceanPal (NASDAQ:OP) shares fell to $0.85 on Thursday, setting a new 52-week low with a shift of down 4.38%.

Be sure to stay with Benzinga for further updates and market-moving news. And if you want to be among the first to know about the 52-week highs and lows for the day, check out Benzinga Pro. Users receive a daily alert listing stocks trading near 52-week highs and lows each morning. Click here to learn more.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: OptionsBZI-ftw