Investing

The 52-Week Low Club for Monday

down market
Source: Thinkstock
August 3, 2015: Here are four stocks trading with heavy volume among the 251 equities making new 52-week lows today.

Twitter Inc. (NYSE: TWTR) posted a new 52-week low on Monday. Shares dropped about 7.5% to a low of $28.69 from Friday’s closing price of $31.01. The stock’s 52-week high is $55.99. Volume totaled more than 42 million shares, around double the daily average of around 21 million. The company’s second quarter results and the uncertainty surrounding a new CEO continue weighing on the shares.

Freeport-McMoRan Inc. (NYSE: FCX) dropped about 5.4% on Monday to post a new 52-week low of $11.12 after closing at $11.75 on Friday. The stock’s 52-week high is $37.53. Share volume totaled around 18 million shares, about 5% below the daily average of around 19 million. The company had no specific news today.

Transocean Ltd. (NYSE: RIG) dropped about 7.5% on Monday to post a new 52-week low at $12.27 after closing at $13.26 on Friday. The stock’s 52-week high is $39.76. Share volume totaled nearly 20 million, about 80% above the daily average of around 11.8 million. The company had no news today, but is scheduled to report quarterly results before markets open on Tuesday.

Linn Energy LLC (NASDAQ: LINE) dropped about 19% on Monday to post a new 52-week low of $3.26 against a 52-week high of $31.80. The stock closed at $4.04 on Friday night. Volume totaled about 15 million shares, about four times the daily average of around 3.75 million shares traded. The company also dropped 28% on Thursday and 16% on Friday. Linn continues to pay the price of suspending its dividend payment.

ALSO READ: The Most (and Least) Expensive States to Drive

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.