Stocks Hitting 52-Week Lows
Millennial Media (NYSE: MM) shares tumbled 10.15% to touch a new 52-week low of $2.65 after the company reported downbeat Q2 revenue and issued a weak Q3 revenue forecast.
Zuoan Fashion (NYSE: ZA) shares reached a new 52-week low of $1.34. Zuoan Fashion shares have dropped 40.69% over the past 52 weeks, while the S&P 500 index has gained 14.65% in the same period.
Turtle Beach (NASDAQ: HEAR) shares reached a new 52-week low of $7.189 after the company reported Q2 results.
NII Holdings (NASDAQ: NIHD) shares fell 0.52% to touch a new 52-week low of $0.213 following the company reporting Monday that it may file for bankruptcy.
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