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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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
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