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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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
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