Market Overview

Stocks Hitting 52-Week Lows

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  • Cempra Inc (NASDAQ: CEMP) shares fell 11.3 percent to touch a new 52-week low of $6.07. Morgan Stanley downgraded Cempra from Overweight to Underweight and lowered the price target from $35.00 to $5.00.
  • Cray Inc. (NASDAQ: CRAY) shares touched a new 52-week low of $18.55 after the company posted a wider-than-expected Q3 loss.
  • Rockwell Medical Inc (NASDAQ: RMTI) shares touched a new 52-week low of $3.67. Rockwell Medical reported a Q3 loss of $0.09 per share on revenue of $12.8 million.
  • TravelCenters of America LLC (NASDAQ: TA) shares declined 5.7 percent to reach a new 52-week low of $5.66 after reporting downbeat quarterly results.

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

 

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