Market Overview

Stocks Hitting 52-Week Lows

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Otelco Inc (NASDAQ: OTEL) shares fell 7 percent to touch a new 52-week low of $3.80. Otelco shares have dropped 9.11 percent over the past 52 weeks, while the S&P 500 index has declined 1.52 percent in the same period.

Comtech Telecomm. Corp. (NASDAQ: CMTL) shares dropped 13.72 percent to touch a new 52-week low of $13.90. Comtech priced its 7.145 million share offering at $14.00 per share.

Synaptics, Incorporated (NASDAQ: SYNA) shares reached a new 52-week low of $54.54. Synaptics announced plans to reduce workforce by 160 jobs, according to form 8-K.

Pure Storage Inc (NYSE: PSTG) shares fell 2.79 percent to touch a new 52-week low of $9.74. Pure Storage's PEG ratio is -0.24.

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

 

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