During the first half-hour of trading on Wednesday, the following stocks set new 52-week lows
Call spreads in Marathon Pete with shares at 52-week lows
. The stock off 2.6% to $45.87 and 25K Oct 52.5 - 57.5 call spreads bought for 95c.
On a generally mixed day for the newspaper sector, two other companies also scraped new 52-week lows
But that may be changing, and it's probably no coincidence that the NASDAQ was hitting 52-week lows
in late November.
site Dr.Koop.com pink-slipped a third of its workforce and Medscape and Healtheon/WebMD stock traded at 52-week lows
The number of shares at new 52-week lows
on the NYSE rose to 1,200 near the end of last year.
On Thursday morning, 84 companies hit new 52-week lows
It then rallied to 52-week highs of almost $30 by early-July, before losing two-thirds of its market cap and falling to 52-week lows
of $9.88 in late-December.
Four newspaper companies hit new 52-week lows
Thursday as the industry's stock slump generally outpaced even the Dow Jones Industrial Average sell-off of more than 3%.
Wednesday morning saw 100 companies set new 52-week lows
The HYG iShares iBoxx High Yield Corporate Bond ETF hit highs near 86.24 earlier, compared to 52-week lows
Three companies hit new 52-week lows
, and Lee Enterprises (NYSE: LEE) closed at its previous 52-week bottom of $7.26, ending the day off 23 cents, or 2.94%.