Market Overview

Stocks Hitting 52-Week Lows

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  • PDL BioPharma Inc (NASDAQ: PDLI) shares fell 3.5 percent to touch a new 52-week low of $2.32. PDL BioPharma shares have declined 36.68 percent over the past 52 weeks, while the S&P 500 index has gained 5.83 percent in the same period.
  • Nivalis Therapeutics Inc (NASDAQ: NVLS) shares reached a new 52-week low of $2.82 after the company disclosed results from Phase 2 clinical trial of cavosonstat for the treatment of cystic fibrosis. The company reported that the trial failed to demonstrate benefit in absolute change in percent predicted FEV1 or in sweat chloride reduction at 12 weeks.
  • A. M. Castle & Co (NYSE: CAS) shares dropped 5 percent to reach a new 52-week low of $0.328. A. M. Castle shares have tumbled 85.37 percent over the past 52 weeks, while the S&P 500 index has increased 5.83 percent in the same period.
  • FuelCell Energy Inc (NASDAQ: FCEL) shares fell 7.3 percent to touch a new 52-week low of $2.55. FuelCell Energy shares have dipped 73.35 percent over the past 52 weeks, while the S&P 500 index has gained 5.83 percent in the same period.

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

 

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