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Market Overview

Stocks Hitting 52-Week Lows

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Brocade Communications Systems, Inc. (NASDAQ: BRCD) shares fell 1.04 percent to reach a new 52-week low of $8.60. Brocade shares have dropped 21.36 percent over the past 52 weeks, while the S&P 500 index has gained 1.14 percent in the same period.

Landstar System, Inc. (NASDAQ: LSTR) shares fell 2.42 percent to reach a new 52-week low of $55.62. BB&T Capital downgraded Landstar System to Hold.

Atwood Oceanics, Inc. (NYSE: ATW) shares declined 7 percent to touch a new 52-week low of $12.23. KLR initiated coverage on Atwood Oceanics with a Hold rating and a $12.50 price target.

Aradigm Corporation (NASDAQ: ARDM) shares dropped 1.55 percent to touch a new 52-week low of $3.81. Aradigm shares have declined 49.35 percent over the past 52 weeks, while the S&P 500 index has gained 1.14 percent in the same period.

 

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

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