Stocks Hitting 52-Week Lows
Tellabs (NASDAQ: TLAB) shares dropped 7.89% to touch a new 52-week low of $2.10. Tellabs issued downbeat Q1 revenue forecast.
Celsion (NASDAQ: CLSN) shares lost 12.59% to create a new 52-week low of $1.32. Celsion shares have dropped 22.56% over the past 52 weeks, while the S&P 500 index has gained 11.39% in the same period.
Brightcove (NASDAQ: BCOV) shares touched a new 52-week low of $6.59. Brightcove issued weak Q1 outlook.
Stemline Therapeutics (NASDAQ: STML) shares touched a new 52-week low of $10.52. Stemline Therapeutics announced today the closing of its earlier announced initial public offering of 3,815,291 shares at an offering price of $10.00 a share.
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