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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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
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