Stocks Hitting 52-Week Lows

Host Hotels and Resorts Inc HST shares touched a new 52-week low of $19.32. Credit Suisse downgraded Host Hotels & Resorts from Outperform to Neutral and lowered the price target from $23.00 to $22.00. VIVUS, Inc. VVUS shares fell 19.97 percent to reach a new 52-week low of $1.39. VIVUS posted a Q2 net loss, excluding inventory impairment charges, of $0.19 per share on revenue of $23.0 million. The company also announced a corporate restructuring. RADA Electronic Ind. Ltd. RADA shares reached a new 52-week low of $1.22 after the company priced a public offering of 6,910,569 of its ordinary shares at $1.23 per share. Computer Programs & Systems, Inc. CPSI shares fell 16.68 percent to touch a new 52-week low of $45.20 after the company reported weaker-than-expected Q2 results and lowered its FY15 forecast.
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Posted In: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week Lows
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