Stocks Hitting 52-Week Lows

Potbelly (NASDAQ:

) shares reached a new 52-week low of $20.292 after the company reported its fourth quarter results. Bank of America cut the price target on the stock from $33.00 to $27.00. Mattel (NASDAQ:

) shares fell 0.85% to touch a new 52-week low of $35.17. Mattel shares have dropped 13.00% over the past 52 weeks, while the S&P 500 index has gained 21.75% in the same period. America's Car-Mart (NASDAQ:

) shares touched a new 52-week low of $35.96 after the company reported downbeat quarterly results. Meadowbrook Insurance Group (NYSE:

) shares reached a new 52-week low of $5.405 after the company reported a Q4 net loss of $11.9 million, versus a year-ago profit of $38.0 million. The company also named Roger S. Walleck as its Chief Underwriting Officer.