Stocks That Hit 52-Week Lows On Monday
Portfolio Pulse from Benzinga Insights
On Monday, 70 companies hit new 52-week lows. Estee Lauder Cos was the largest firm by market cap to set a new 52-week low, while 9 Meters Biopharma was the smallest. AppHarvest was the biggest loser, trading down 70.3% to reach its 52-week low, while SWK Holdings was the biggest winner, with shares trading up 0.0% after rebounding from its new 52-week low.
July 24, 2023 | 7:48 pm
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NEGATIVE IMPACT
AppHarvest was the biggest loser, trading down 70.3% to reach its 52-week low.
The company's shares traded down significantly, hitting a new 52-week low. This is a strong negative signal and could lead to further declines in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Estee Lauder Cos hit a new 52-week low of $171.94, with shares trading down 2.62%.
The company's shares hit a new 52-week low, which is generally seen as a negative signal by investors and could lead to a further decline in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
9 Meters Biopharma was the smallest firm on a market cap basis to set a new 52-week low.
The company's shares hit a new 52-week low, which is generally seen as a negative signal by investors and could lead to a further decline in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
SWK Holdings was the biggest winner, with shares trading up 0.0% after rebounding from its new 52-week low.
The company's shares rebounded from a new 52-week low, which could be seen as a positive signal by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100