Stocks That Hit 52-Week Lows On Monday
Portfolio Pulse from Benzinga Insights
On Monday, 102 stocks hit new 52-week lows. The largest company by market cap to set a new 52-week low was AMC Enter Hldgs (NYSE:AMC), while the smallest was Aditxt (NASDAQ:ADTX). NovoCure (NASDAQ:NVCR)'s stock traded down the lowest, falling 32.92% to reach a new 52-week low. Allot (NASDAQ:ALLT) saw the sharpest rebound, as shares ascended 0.0%, reversing after hitting a new 52-week low.
August 28, 2023 | 5:54 pm
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NEGATIVE IMPACT
Aditxt (NASDAQ:ADTX) stock broke to a new 52-week low of $7.47 on Monday. Shares of the company traded down 16.91%.
The stock price of Aditxt has hit a new 52-week low, which indicates a bearish trend. This could lead to a further decrease in the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
AMC Enter Hldgs (NYSE:AMC) stock drifted down 4.18% on Monday morning to hit a new 52-week low of $11.26.
The stock price of AMC Enter Hldgs has hit a new 52-week low, which indicates a bearish trend. This could lead to a further decrease in the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
NovoCure (NASDAQ:NVCR)'s stock traded down the lowest, falling 32.92% to reach a new 52-week low.
The stock price of NovoCure has hit a new 52-week low, which indicates a bearish trend. This could lead to a further decrease in the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Allot (NASDAQ:ALLT) saw the sharpest rebound, as shares ascended 0.0%, reversing after hitting a new 52-week low.
The stock price of Allot has rebounded after hitting a new 52-week low, which indicates a bullish trend. This could lead to an increase in the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100