Stocks That Hit 52-Week Lows On Tuesday
Portfolio Pulse from Benzinga Insights
On Tuesday, 56 companies hit new 52-week lows. The largest company by market cap to set a new low was Apellis Pharmaceuticals, while the smallest was 9 Meters Biopharma. Humanigen's stock came under the most pressure, trading down 73.22%. NeuBase Therapeutics saw the biggest bounce back, with shares trading up 0.0% after hitting its new 52-week low.
July 25, 2023 | 4:33 pm
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NEGATIVE IMPACT
Apellis Pharmaceuticals hit a new 52-week low.
Hitting a new 52-week low is generally seen as a bearish signal.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Humanigen's stock fell 73.22% to hit a new 52-week low.
A significant drop in stock price is a bearish signal.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
9 Meters Biopharma hit a new 52-week low.
Hitting a new 52-week low is generally seen as a bearish signal.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
NeuBase Therapeutics' shares traded up 0.0% after hitting a new 52-week low.
The stock bounced back after hitting a new 52-week low, indicating a potential reversal.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100