Stocks Hitting 52-Week Lows
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.
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