Stocks That Hit 52-Week Lows On Thursday
Portfolio Pulse from Benzinga Insights
During Thursday's session, 92 stocks hit new 52-week lows. Pfizer was the biggest company on a market cap basis to set a new 52-week low. BitNile Metaverse was the smallest firm by market cap to set a new 52-week low. Aravive made the largest move down on the session, with shares plummeting 71.75% to reach its 52-week low. Senstar Tech saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low.
August 04, 2023 | 2:12 pm
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NEGATIVE IMPACT
Aravive made the largest move down on the session, with shares plummeting 71.75% to reach its 52-week low.
A significant drop in share price like this is a strong negative indicator for a stock, suggesting that it may continue to underperform in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
BitNile Metaverse set a new 52-week low during Thursday's session.
Setting a new 52-week low is generally seen as a negative indicator for a stock, suggesting that it may continue to underperform in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Pfizer set a new 52-week low during Thursday's session.
Setting a new 52-week low is generally seen as a negative indicator for a stock, suggesting that it may continue to underperform in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Senstar Tech saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low.
A bounce back after hitting a new 52-week low could suggest that the stock has found a bottom and may start to recover, but the fact that the bounce was only 0.0% suggests that the stock may still be under pressure.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100