52-Week Low

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52-Week Low

The lowest price for a stock or other security over a trailing 52-week period. Investors often compare the current price for a stock to its 52-week low in order to determine its recent performance as well to help gauge whether it has become overvalued or undervalued.
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After news of the recapitalization and the changes in liability structure were announced Tuesday morning, The Mills' stock rebounded sharply from the 52 week low of $12.