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Stocks Hitting 52-Week Lows

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Chiasma Inc (NASDAQ: CHMA) shares fell 61.26 percent to touch a new 52-week low of $3.94 after the company reported that it has received Complete Response Letter for its New Drug Application for Mycapssa.

Calumet Specialty Products Partners, L.P (NASDAQ: CLMT) shares touched a new 52-week low of $5.19. Calumet Specialty Products reported preliminary Q1 results and reported the suspension in its quarterly cash distribution of $0.685 per unit. The company also priced a private placement of senior secured notes due 2021. Raymond James downgraded Calumet Specialty from Market Perform to Underperform.

Jernigan Capital Inc (NYSE: JCAP) shares reached a new 52-week low of $11.064. Jernigan Capital shares have declined 47.28 percent over the past 52 weeks, while the S&P 500 index has slipped 0.94 percent in the same period.

Fairway Group Holdings Corp (NASDAQ: FWM) shares touched a new 52-week low of $0.17. Fairway is near a deal for Chapter 11 bankruptcy, Bloomberg reported.

 

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

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