Beverly Hills, CA -- (ReleaseWire) -- 10/23/2012 -- http://52WeekLowStock.com provides subscribers with a free newsletter that reports up to the minute information and exclusive charts on cheap, undervalued, hidden, and undiscovered stocks making new lows in the United States that can bounce.
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Stocks were sharply lower across the board Tuesday, with all key S&P sectors in the red, after some disappointing quarterly results and amid worries over Spain's economy.
The Dow and S&P 500 are seeing their worst one-day drop since June.
The New 52-Week Low indicates a stock is trading at its cheapest price in the past 52 weeks. This is an important indicator for many investors in determining the current value of a stock or predicting a trend in a stock’s performance. One popular strategy employed by stock traders is to purchase companies hitting new lows, hoping they bounce back fast. Here are several companies making new lows today.
CAMAC Energy Inc. (NYSEAMEX:CAK) is engaged in the exploration, development, and production of oil and gas outside the United States, directly and through joint ventures. The Company’s focus is oil and gas exploration and production operations, which are managed geographically. The stock hit a new low of 41 cents today.
Big Lots, Inc. (NYSE:BIG) through its wholly owned subsidiaries, is a North America's closeout retailer. At January 28, 2012, the Company operated a total of 1,533 stores in two countries: the United States and Canada. The Company operates in two segments: U.S. and Canada. The merchandising categories include Consumables, Furniture, Home, Seasonal, Play n' Wear, and Hardlines & Other. The stock hit a new low of $28.47 today.
Monster Beverage Corporation (NASDAQ:MNST) formerly Hansen Natural Corporation, is a holding company. The Company develops, markets, sells and distributes alternative beverage. The Company’s category beverages brand names include Monster Energy, Monster Rehab, Monster Energy Extra Strength Nitrous Technology, Java Monster, X-Presso Monster, Worx Energy, Peace Tea, Hansen’s, Hansen’s Natural Soda, Junior Juice, Blue Sky, Hubert’s and Vidration. The stock hit a new low today of $40.17.
LifeLock, Inc. (NYSE:LOCK) is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment and an enterprise segment. In its consumer segment, the Company offer identity theft protection services to consumers on a monthly or annual subscription basis. In its enterprise segment, it offer identity risk assessment and fraud protection services to enterprise customers who pay the Company based on their monthly volume of transactions with it. The stock hit a new low of $6.88 today.
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