Market Overview

Stocks Hitting 52-Week Lows

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  • The Chefs Warehouse, Inc (NASDAQ: CHEF) shares fell 27.9 percent to touch a new 52-week low of $11.64 after the company reported downbeat Q2 results and issued a weak FY16 earnings outlook.
  • Medallion Financial Corp (NASDAQ: MFIN) shares fell 11.8 percent to touch a new 52-week low of $5.37. On Tuesday, Medallion Financial reported Q2 profit of $4.6 million on revenue of $2.5 million.
  • The Rubicon Project Inc (NYSE: RUBI) shares reached a new 52-week low of $9.10. The Rubicon Project reported upbeat quarterly results, but issued a weak CY16 guidance.
  • DineEquity Inc (NYSE: DIN) shares dropped 5 percent to touch a new 52-week low of $76.20. DineEquity posted in-line quarterly earnings, but the company missed analysts’ sales estimates.

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

 

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