Monday's morning session saw 5 companies set new 52-week lows.
Things to Consider:
- Qualstar (NASDAQ:QBAK) was the biggest company by market cap to set a new 52-week low.
- Helios Technologies (NASDAQ:HLIO) was the smallest company by market cap to set a new 52-week low
- Qualstar (NASDAQ:QBAK)'s stock dropped the most, trading down 16.19% to reach a new 52-week low.
- Biofrontera (NASDAQ:BFRA) shares were the most resilient of the group, as shares actually moved up 0.34% in response to hitting its 52-week low.
Here is a list of stocks that set new 52-week lows during the first half-hour of trading on Monday:
- Qualstar (NASDAQ:QBAK) stock hit $1.80 on Monday morning, setting a new 52-week low. The stock traded down 16.19% over the course of the day.
- JMU (NASDAQ:MFH) stock set a new 52-week low of $0.50 on Monday morning, with shares later moving up 9.47%.
- 36KR Holdings (NASDAQ:KRKR) shares fell to $3.43 on Monday morning, setting a new 52-week low. Shares then moved down 1.67%.
- Biofrontera (NASDAQ:BFRA) stock moved down 0.34% over Monday's trading session after setting a new 52-week low of $5.90 to open trading.
- Helios Technologies (NASDAQ:HLIO) shares fell to $29.54 on Monday morning, setting a new 52-week low. Shares then moved down 4.81%.
Stay with Benzinga for further updates about these companies and many others going forward.
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