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Stocks Hitting 52-Week Lows

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On Track Innovations (NASDAQ: OTIV) shares tumbled 15% to touch a new 52-week low of $1.62 after the company announced the pricing of public offering of 6.25 million ordinary shares at a price of $1.60 per share.

MOL Global (NASDAQ: MOLG) shares reached a new 52-week low of $5.70 after the company announced the resignation of its CFO Allan Wong and named Jonathan Yoon Soon Chong as successor. The company also rescheduled earnings release to December 3.

MRV Communications (NASDAQ: MRVC) shares dropped 1.23% to touch a new 52-week low of $9.66. MRV Communications shares have dropped 13.45% over the past 52 weeks, while the S&P 500 index has gained 13.74% in the same period.

Lexicon Pharmaceuticals (NASDAQ: LXRX) shares fell 7.45% to touch a new 52-week low of $0.93 after the company priced 49,751,244 shares of common stock at a price of $1.005 per share and $80 million of 5.25% Convertible Senior Notes due 2021.

 

Related Articles (OTIV + MOLG)

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

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