Market Overview

Stocks Hitting 52-Week Lows

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Skullcandy (NASDAQ: SKUL) shares declined 11.94% to touch a new 52-week low of $6.86. Analysts at Jefferies downgraded Skullcandy from “buy” to “underperform.”

Universal Business Payment Solutions Acquisition (NASDAQ: UBPS) shares lost 14.07% to create a new 52-week low of $3.91. UBPS completed its acquisitions of the JetPay companies and the A D Computer Corporation companies.

Abbott Laboratories (NYSE: ABT) shares touched a new 52-week low of $31.97. Abbott completed the separation of its research-based pharmaceuticals business.

Dynasil Corporation of America (NASDAQ: DYSL) shares touched a new 52-week low of $1. Dynasil Corporation of America failed to comply with the financial covenants in loan agreements.

Posted-In: 52-Week LowsNews Movers & Shakers Intraday Update Markets

 

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UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Monsanto Company

UPDATE: Piper Jaffray Cuts PT to $35 on Sarepta Therapeutics on Share Dilution; Regulatory Outlook Positive