5 Huge Stocks Hit 52-Week Lows as Nasdaq Declines 2%
Here are stocks that hit 52-week lows in today’s trading. Note that this list excludes all stocks with a market capitalization less than $10 billion:
- Bank of America Corporation (NYSE:BAC): Down 3.27% to $10.35. Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
- Barclays PLC (NYSE:BCS): Down 5.19% to $14.98. Barclays PLC offers commercial and investment banking, insurance, financial, asset management and related services. The Company’s banking subsidiaries operates branches in the United Kingdom and overseas.
- Mobile Telesystems OJSC (NYSE:MBT): Down 2.2% to $18.24. Mobile TeleSystems provides mobile telephone services in Russia and the former Soviet Union. The Company uses the GSM 900/1800 standard, operating throughout Russia and throughout Belarus, Ukraine, and Uzbekistan.
- Morgan Stanley (NYSE:MS): Down 3.23% to $21.58. Morgan Stanley, a bank holding company, provides diversified financial services on a worldwide basis. The Company operates a global securities business which serves individual and institutional investors and investment banking clients. Morgan Stanley also operates a global asset management business.
- VimpelCom Ltd. (NYSE:VIP): Down 3.19% to $12.44. VimpelCom Ltd. provides telecom services. The Company offers wireless, mobile voice, fixed line, data, and internet services. VimpleCom operates in Russia, Kazakhstan, Ukraine, Uzbekistan, Armenia, Tajikistan, Georgia, Vietnam and Cambodia.
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