Market Overview

Stocks Hitting 52-Week Lows

Share:
Related ERIC
Telecom Stock Roundup: T-Mobile's Freed Spectrum, AT&T's Buyout And More
Jim Cramer Weighs In On Albemarle, PayPal, Goodyear And More
Related
20 Biggest Mid-Day Gainers For Thursday
Mid-Afternoon Market Update: NASDAQ Up 50 Points; Ocwen Financial Shares Spike Higher

 

  • Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) shares fell 5.5 percent to touch a new 52-week low of $5.07 following quarterly results. Ericsson's operating profit declined to 0.3 billion Swedish crowns ($33.7 million), versus5.1 billion crowns in the year-ago quarter. Sales fell 14 percent to 51.1 billion in the quarter.
  • First NBC Bank Holding Company (NASDAQ: FNBC) shares fell 12.2 percent to touch a new 52-week low of $7.95. First NBC Bank shares have dropped 74.15 percent over the past 52 weeks, while the S&P 500 index has gained 6.06 percent in the same period.
  • Skechers USA Inc (NYSE: SKX) shares dropped 17.2 percent to reach a new 52-week low of $19.00 after the company reported downbeat results for its third quarter and issued a weak forecast for the fourth quarter.
  • Valvoline Inc (NYSE: VVV) shares touched a new 52-week low of $21.78. JP Morgan and Longbow Research initiated coverage on Valvoline with Neutral rating.

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

 

Related Articles (ERIC + FNBC)

View Comments and Join the Discussion!