Investing

The 52-Week Low Club for Tuesday

down market
Source: Thinkstock
August 4, 2015: Here are four stocks trading with heavy volume among the 238 equities making new 52-week lows today.

Chesapeake Energy Corp. (NYSE: CHK) dropped about 2.2% on Tuesday to post a new 52-week low at $12.27 after closing at $13.26 on Monday. The stock’s 52-week high is $27.24. Share volume totaled around 18 million, about 20% below the daily average of around 23 million. The company had no news today, but is scheduled to report quarterly results before markets open on Tuesday, and investors are obviously expecting bad news.

Freeport-McMoRan Inc. (NYSE: FCX) dropped about 2.4% on Tuesday to post a new 52-week low of $10.93 after closing at $11.20 on Monday. 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 again today.

Brookdale Senior Living Inc. (NYSE: BKD) posted a new 52-week low on Tuesday. Shares dropped about 9.4% to a low of $29.91 from Monday’s closing price of $31.01. The stock’s 52-week high is $39.89. Volume rose to about seven times the daily average of around 2 million. The company missed revenue and profit expectations when it reported earnings this morning..

Applied Materials Inc. (NASDAQ: AMAT) dropped about 1.9% on Tuesday to post a new 52-week low of $16.83 against a 52-week high of $25.71. The stock closed at $17.16 on Monday night. Volume totaled about 15 million shares, about 10% below the daily average of around 17 million shares traded. The company had no specific news today.

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

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

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