Stocks That Hit 52-Week Lows On Thursday
Portfolio Pulse from Benzinga Insights
On Thursday, 56 stocks hit new 52-week lows. The largest company to set a new low was Bristol-Myers Squibb (NYSE:BMY), while the smallest was American Rebel Holdings (NASDAQ:AREB). View (NASDAQ:VIEW) saw a significant drop, trading down 5230.71% to reach a new low. CBL International (NASDAQ:BANL) saw the sharpest rebound, with shares ascending 0.09% after hitting a new low.
July 27, 2023 | 4:17 pm
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NEGATIVE IMPACT
American Rebel Holdings hit a new 52-week low.
The company's stock hitting a new 52-week low indicates a bearish trend, which could negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Bristol-Myers Squibb hit a new 52-week low.
The company's stock hitting a new 52-week low indicates a bearish trend, which could negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
View's stock moved significantly downwards, trading down 5230.71% to reach a new 52-week low.
The significant drop in View's stock price indicates a strong bearish trend, which could have a negative impact on its short-term performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
CBL International saw the sharpest rebound, as shares ascended 0.09% after hitting a new 52-week low.
While CBL International's stock hit a new 52-week low, it rebounded slightly. This indicates uncertainty in the market, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100