Market Overview

Stocks Hitting 52-Week Lows

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  • Juno Therapeutics Inc (NASDAQ: JUNO) shares fell 6.3 percent to touch a new 52-week low of $19.14. Raymond James downgraded Juno Therapeutics from Outperform to Market Perform.
  • PDL BioPharma Inc (NASDAQ: PDLI) shares touched a new 52-week low of $2.03. PDL BioPharma shares have dropped 42.94 percent over the past 52 weeks, while the S&P 500 index has gained 6.15 percent in the same period.
  • Coca-Cola European Partners plc (NYSE: CCE) shares reached a new 52-week low of $31.09. Stifel Nicolaus downgraded Coca-Cola European Partners from Buy to Hold.
  • Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) shares fell 4.7 percent to reach a new 52-week low of $35.30. Teva named Dipankar Bhattacharjee as President and Chief Executive Officer, Global Generic Medicines Group. The company announced a positive outcome for COPAXONE® label in Europe and reaffirmed its 2016 guidance.

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

 

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