Stocks That Hit 52-Week Lows On Tuesday
Portfolio Pulse from Benzinga Insights
On Tuesday, 164 companies hit new 52-week lows. Notable companies include NextEra Energy, SenesTech, WeWork, and Tarena International. The largest move was seen by WeWork, with shares plummeting 3189.55% to hit a new 52-week low. Tarena International's shares had the biggest turnaround, rebounding 0.0% after reaching a new 52-week low.
September 05, 2023 | 5:34 pm
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NEUTRAL IMPACT
Tarena International's shares rebounded 0.0% after reaching a new 52-week low on Tuesday.
The company's shares rebounded after hitting a new 52-week low. This could indicate a potential turnaround in investor sentiment, but the lack of significant movement suggests a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
NextEra Energy's stock dropped to a yearly low on Tuesday of $65.95, trading down 1.02%.
The company's stock hit a new 52-week low, which could negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
SenesTech's stock hit a new 52-week low on Tuesday.
The company's stock hit a new 52-week low, which could negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
WeWork's shares plummeted 3189.55% to hit a new 52-week low on Tuesday.
The company's shares plummeted significantly, hitting a new 52-week low. This drastic drop could severely impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100