Stocks Hitting 52-Week Lows
Aeropostale (NYSE: ARO) shares fell 2.92% to reach a new 52-week low of $5.66. Aeropostale late Thursday reported a wider-than-expected fourth-quarter loss and signed a deal with Sycamore Partners for a 5% stake.
Fuel Systems Solutions (NASDAQ: FSYS) shares fell 4.21% to touch a new 52-week low of $10.24 after Lake Street Capital downgraded the stock from Buy to Hold.
Covisint (NASDAQ: COVS) shares fell 2.39% to touch a new 52-week low of $6.95. Covisint's trailing-twelve-month ROE is -38.92%.
MCG Capital (NASDAQ: MCGC) shares reached a new 52-week low of $3.622. MCG Capital shares have dropped 23.70% over the past 52 weeks, while the S&P 500 index has gained 18.62% in the same period.
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