Stocks That Hit 52-Week Lows On Thursday
Portfolio Pulse from Benzinga Insights
On Thursday, 148 companies set new 52-week lows, with AbbVie being the largest firm by market cap to set a new low. Panbela Therapeutics saw the largest move, with shares plummeting 2609.91% to hit a new low, while Sangamo Therapeutics was the most promising stock, trading flat after reaching its new low.
June 01, 2023 | 4:59 pm
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NEGATIVE IMPACT
AbbVie, the largest firm by market cap to set a new 52-week low, saw its shares down 3.44% on the session.
AbbVie's shares hitting a new 52-week low and being down 3.44% on the session indicates a negative short-term impact on the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Panbela Therapeutics saw the largest move of the companies, as shares plummeted 2609.91% to hit a new 52-week low.
Panbela Therapeutics' shares plummeting 2609.91% to hit a new 52-week low indicates a significant negative short-term impact on the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Sangamo Therapeutics was the most promising stock of the group, with shares trading flat after reaching its new 52-week low.
Sangamo Therapeutics' shares trading flat after reaching its new 52-week low indicates a neutral short-term impact on the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100