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Stocks Hitting 52-Week Lows

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Lpath, Inc. (NASDAQ: LPTN) shares dipped 76.61 percent to reach a new 52-week low of $0.400 after the company announced its plans to cut jobs as its multicenter, Phase 2 Nexus clinical trial evaluating iSONEP™ in patients with wet age-related macular degeneration did not meet primary or key secondary endpoints.

EVINE Live Inc (NASDAQ: EVLV) shares dipped 37.12 percent to touch a new 52-week low of $3.54. EVINE Live reported FQ1 adjusted loss of $0.04 per share on revenue of $158.5 million.

Etsy Inc (NASDAQ: ETSY) shares touched a new 52-week low of $15.997 after the company reported a loss in the first quarter. The Brooklyn, New York-based company posted a quarterly net loss of $36.6 million, or $0.84 per share, versus a year-ago loss of $0.5 million, or $0.01 per share.

hhgregg, Inc. (NYSE: HGG) shares fell 3.10 percent to reach a new 52-week low of $4.06. hhgregg shares have dropped 52.71 percent over the past 52 weeks, while the S&P 500 index has gained 12.70 percent in the same period.

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

 

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