Stocks Hitting 52-Week Lows

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YuMe IncYUME
shares fell 20.65 percent to reach a new 52-week low of $3.65. YuMe reported a Q2 loss of $(0.17) per share on revenue of $40.4 million. Piper Jaffray downgraded YuMe from Overweight to Neutral and lowered the price target from $8.00 to $4.00.
Stonegate Mortgage Corp SGM
shares fell 4.74 percent to touch a new 52-week low of $7.03. Bank of America downgraded Stonegate Mortgage from Buy to Neutral and lowered the price target from $13.00 to $8.00.
World Acceptance Corp. WRLD
shares dropped 38.04 percent to reach a new 52-week low of $32.10 following the announcement of a receipt of letter from the CFPB's enforcement division on Monday. Janney Montgomery Scott analyst John Rowan downgraded the rating on World Acceptance from Buy to Neutral, with a fair value estimate of $38.
Avid Technology, Inc.AVID
shares touched a new 52-week low of $7.86. Avid reported a Q2 loss of $0.10 per share on total sales of $109.767 million.
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