Market Overview

Stocks Hitting 52-Week Lows

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Vocera Communications (NYSE: VCRA) shares tumbled 26.09% to touch a new 52-week low of $9.29 after the company reported Q2 results and appointed Justin Spencer as Executive Vice President and Chief Financial Officer.

OM Group (NYSE: OMG) shares fell 10.63% to reach a new 52-week low of $25.26 after the company reported Q2 earnings of $0.15 per share on revenue of $297.50 million.

Web.com Group (NASDAQ: WWWW) shares reached a new 52-week low of $20.34 after the company reported Q2 earnings of $0.62 per share on revenue of $138.20 million and issued a weak FY14 forecast. The company also announced the acquisition of Scoot. SunTrust Robinson Humphrey downgraded Web.com Group from Buy to Neutral and lowered the price target from $34.00 to $24.00.

Audience (NASDAQ: ADNC) shares touched a new 52-week low of $7.81 after the company reported downbeat quarterly revenue and issued a weak Q3 forecast.

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

 

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