Chesapeake Among These Stocks Dropping to 52-Week Lows on Flat Day

Chesapeake Energy (NYSE:CHK): Chesapeake CEO Aubrey McClendon ran a $200M hedge fund that traded in the same commodities Chesapeake produces, Reuters reports, citing its own investigation. Spanning at least four years from 2004 to 2008, McClendon engaged in “near daily” communications to help direct the fund’s trading, a veteran trader who helped run the private hedge fund told Reuters. The shares closed at $16.74, down $2.86 or 14.59% on the day. They have traded in a 52-week range of $16.78 to $35.75.

Atricure (NASDAQ:ATRC): AtriCure reports Q1 EPS (10c) versus consensus (14c). The shares closed at $8.05, down $0.08 or 0.98% on the day. They have traded in a 52-week range of $8.09 to $14.84.

Banco Bilbao Viscaya (NYSE:BBVA): Manufacturing in the EU’s emerging east contracted in April, following a decline in its main target markets in the euro zone, a troubling outlook for economies which hope exports will fuel growth, Reuters reports. The shares closed at $6.50, down $0.33 or 4.83% on the day. They have traded in a 52-week range of $6.43 to $12.96.

Ceva (NASDAQ:CEVA): CEVA reports Q1 EPS 24c vs. consensus 22c. The shares closed at $17.55, down $5.03 or 22.28% on the day. They have traded in a 52-week range of $20.17 to $35.60.

El Paso Electric Com (NYSE:EE): Reports Q1 revenue $106.53M versus 1 estimate $175.41M. The shares closed at $29.88, down $0.58 or 1.9% on the day. They have traded in a 52-week range of $29.29 to $35.71.

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