Stocks That Hit 52-Week Lows On Wednesday
Portfolio Pulse from Benzinga Insights
During Wednesday's session, 43 companies set new 52-week lows. Among them, Tower Semiconductor was the largest company by market cap to set a new low, while Smart for Life was the smallest. Biodexa Pharmaceuticals' stock dropped the most, trading down 7200.15%, while ABVC BioPharma's shares were the most resilient, rising 0.02% from its new low.
July 05, 2023 | 4:43 pm
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NEGATIVE IMPACT
Biodexa Pharmaceuticals' stock dropped the most, trading down 7200.15% to reach a new 52-week low.
The company's stock dropped significantly to reach a new 52-week low, which could severely impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Smart for Life hit a new 52-week low.
The company's stock hit a new 52-week low, which could negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Tower Semiconductor hit a new 52-week low.
The company's stock hit a new 52-week low, which could negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
ABVC BioPharma's shares were the most resilient, rising 0.02% from its new 52-week low.
The company's shares rose slightly from its new 52-week low, indicating some resilience. However, it's unclear if this will have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100