Market Overview

Stocks Hitting 52-Week Lows

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SeaWorld Entertainment (NYSE: SEAS) shares tumbled 26.29% to touch a new 52-week low of $20.75 after the company reported downbeat second-quarter results and lowered its full-year forecast.

King Digital Entertainment plc (NYSE: KING) shares fell 23.64% to reach a new 52-week low of $13.90 after the company reported weak second-quarter revenue and cut its full-year forecast. Five analysts downgraded King Digital on Wednesday.

Cree (NASDAQ: CREE) shares reached a new 52-week low of $44.32 after the company issued a disappointing forecast for its fiscal first quarter and reported weak FQ4 revenue.

Response Genetics (NASDAQ: RGDX) shares touched a new 52-week low of $0.62. Response Genetics is expected to release Q2 financial results on August 14, 2014.

 

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

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