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Stocks Hitting 52-Week Lows

EXPRQ, SKX

 

  • Skechers USA Inc (NYSE: SKX) shares fell 7.5 percent to touch a new 52-week low of $21.48. Morgan Stanley downgraded Skechers from Overweight to Equal-weight and lowered the price target from $41.00 to $25.00.
  • Mirna Therapeutics Inc (NASDAQ: MIRN) shares tumbled 23 percent to touch a new 52-week low of $1.90 as the company disclosed that it has decided to close the Phase 1 clinical study of MRX34. Oppenheimer downgraded Mirna Therapeutics from Outperform to Perform.
  • Chicago Bridge & Iron Company N.V. (NYSE: CBI) shares reached a new 52-week low of $26.33. Johnson Rice downgraded Chicago Bridge & Iron from Buy to Hold.
  • Express, Inc. (NYSE: EXPR) shares touched a new 52-week low of $11.36. Express shares have dropped 39.17 percent over the past 52 weeks, while the S&P 500 index has gained 8.78 percent in the same period.