Stocks Hitting 52-Week Lows

Eleven Biotherapeutics Inc EBIO shares fell 70.09 percent to touch a new 52-week low of $0.700 after the company reported Phase 3 data on Isunakinra (EBI-005) in allergic conjunctivitis. Cypress Semiconductor Corporation CY shares dropped 3.54 percent to reach a new 52-week low of $7.78. Cypress is expected to report Q4 results on January 28. Tiffany & Co. TIF shares touched a new 52-week low of $63.79. Tiffany reported a 5 percent drop in holiday sales for comparable stores on a constant currency basis and issued a weak FY earnings forecast. Chesapeake Lodging Trust CHSP shares touched a new 52-week low of $23.46. Ladenburg Thalmann downgraded Chesapeake Lodging Trust from Neutral to Sell.