Market Overview

Stocks Hitting 52-Week Lows

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Tupperware Brands Corporation (NYSE: TUP) shares fell 14.78 percent to touch a new 52-week low of $43.87 as the company reported weaker-than-expected Q4 results.

VMware, Inc. (NYSE: VMW) shares reached a new 52-week low of $44.70. VMware reported better-than-expected results for its fourth quarter on Tuesday. The company issued a weak forecast for 2016 and announced plans to cut around 800 jobs.

State Street Corp (NYSE: STT) shares touched a new 52-week low of $53.10. State Street reported Q4 operating earnings of $1.21 per share on revenue of $2.6 billion.

TESSCO Technologies, Inc. (NASDAQ: TESS) shares fell 0.92 percent to touch a new 52-week low of $17.25. TESSCO shares have dipped 23.41 percent over the past 52 weeks, while the S&P 500 index has declined 4.92 percent in the same period.

 

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