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Stocks Hitting 52-Week Lows

CAG, CLX, SEDG

 

  • Avid Technology, Inc. (NASDAQ: AVID) shares touched a new 52-week low of $4.94. Avid reported Q3 net income of $9.1 million on revenue of $119.019 million.
  • Solaredge Technologies Inc (NASDAQ: SEDG) shares touched a new 52-week low of $12.259. SolarEdge Technologies reported Q1 profit of $15.6 million on revenue of $128.5 million. The company also issued a weak revenue forecast for the current quarter.
  • ConAgra Foods Inc (NYSE: CAG) shares fell 5.1 percent to touch a new 52-week low of $35.34. ConAgra Brands reported the completion of spin-off of its Lamb Weston business.
  • Clorox Co (NYSE: CLX) shares declined 3.2 percent to reach a new 52-week low of $111.46. Clorox shares have declined 5.86 percent over the past 52 weeks, while the S&P 500 index has increased 3.92 percent in the same period.


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