Stocks Hitting 52-Week Lows

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Transocean
RIG
shares fell 3.78% to touch a new 52-week low of $17.54. Transocean shares have dropped 62.45% over the past 52 weeks, while the S&P 500 index has gained 15.58% in the same period. Sprint
S
shares tumbled 5.03% to reach a new 52-week low of $4.34. Oppenheimer downgraded Sprint Nextel from Perform to Underperform. Titan Machinery
TITN
shares touched a new 52-week low of $11.132 after the company reported weaker-than-expected earnings for the third quarter and lowered its FY14 outlook. Allot Communications
ALLT
shares touched a new 52-week low of $7.95. Bank of America downgraded Allot Communications from Buy to Underperform and lowered the price target from $17.00 to $10.50.
Posted In: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week Lows
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