Before 10 a.m. ET on Monday, 17 stocks hit new 52-week lows.

Areas of Significance:

• Lufax Holding LU was the biggest company in terms of market cap to set a new 52-week low.
• The smallest company by market cap to set a new 52-week low was Cumberland CPIX.
• Atea Pharmaceuticals AVIR saw the most significant move of the companies, as shares traded down 5.42% to reach its new 52-week low.

The following stocks set new 52-week lows as of 10 a.m. ET on Monday:

• Lufax Holding LU stock set a new 52-week low of $11.73 on Monday, moving down 0.84%.
• Splunk SPLK shares fell to $124.83 on Monday, setting a new 52-week low with a shift of down 0.99%.
• Quidel QDEL stock set a new 52-week low of $104.40 on Monday, moving up 0.45%.
• American Well AMWL shares reached a new 52-week low of $14.82 on Monday morning, moving down 2.14%.
• PTC Therapeutics PTCT shares set a new yearly low of $39.68 this morning. The stock was down 2.38% on the session.
• Atea Pharmaceuticals AVIR shares set a new 52-week low of $23.25. The stock traded down 5.42%.
• Strategic Education STRA stock broke to a new 52-week low of $74.61 on Monday. Shares of the company traded up 1.96%.
• Mesoblast MESO shares hit a yearly low of $7.18. The stock was down 4.44% on the session.
• PetMed Express PETS stock dropped to a yearly low on Monday of $27.60. Shares traded down 1.1%.
• Protara Therapeutics TARA stock broke to a new 52-week low of $11.05 on Monday. Shares of the company traded down 0.98%.
• GlycoMimetics GLYC stock dropped to a yearly low on Monday of $2.31. Shares traded down 1.25%.
• Alpha Pro Tech APT stock dropped to a yearly low on Monday of $8.70. Shares traded down 1.73%.
• Aspen Group ASPU stock hit a new 52-week low of $4.70. The stock was down 0.42% on the session.
• Lifevantage LFVN shares were down 3.44% for the day, having made a 52-week low of $7.69.
• Powerbridge Technologies PBTS shares moved down 2.85% on Monday to hit a new 52-week low of $1.64, drifting down 2.85%.
• Cyclerion Therapeutics CYCN shares made a new 52-week low of $2.08 on Monday. The stock was down 3.21% for the day.
• Cumberland CPIX stock drifted down 0.75% on Monday morning to hit a new 52-week low of $2.60.

Benzinga will continue to keep market participants updated about these equities going forward. Stay tuned.