Company Shares Tapping 52-Week Lows as Markets End Week on Low Note
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 $2 billion:
- Air Lease Corporation (NYSE:AL): Down 5.76% to $23.55. Air Lease Corporation is an aircraft leasing company. The Company is principally engaged in purchasing commercial aircraft and leasing to airlines around the world. Air Lease operates on a global basis, providing aircraft to airline customers in regions that include Asia, the Pacific Rim, Latin America, the Middle East and Eastern Europe.
- Dolby Laboratories, Inc. (NYSE:DLB): Down 1.69% to $41.90. Dolby Laboratories Inc. develops audio signal processing systems for the motion picture, broadcasting, and music recording industries, as well as the consumer market.
- Fibria Celulose SA (NYSE:FBR): Down 3.71% to $12.96. Fibria Celulose S.A. produces and exports wood-free printing, writing, and specialty papers. The Company also manufactures eucalyptus pulp, which it sells and uses in the production of specialty papers. Fibria operates integrated pulp and paper mills and exclusive paper mills in the state of Sao Paulo, Brazil.
- Kosmos Energy Ltd. Common Share (KOS): Down 2.8% to $17.34.
- Logitech International SA (NASDAQ:LOGI): Down 2.56% to $10.66. Logitech International S.A. manufactures personal computer input devices. The Company produces computer mice which help the user move the cursor around the computer screen quickly, trackballs, game controllers, keyboards, PC video cameras, and multimedia speakers. The Company sells its products worldwide.
- Lloyds Banking Group plc (NYSE:LYG): Down 5.21% to $2.73. Lloyds Banking Group plc, through subsidiaries and associated companies, offers a range of banking and financial services. The Company provides retail banking, mortgages, pensions, asset management, insurance services, corporate banking, and treasury services.
- Morgan Stanley (NYSE:MS): Down 0.63% to $22.21. 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. Competitors to Watch: The Goldman Sachs Group, Inc. (NYSE:GS), Barclays PLC (NYSE:BCS), State Street Corp. (NYSE:STT), Citigroup Inc. (NYSE:C), Bank of America (NYSE:BAC), Northern Trust Corporation (NASDAQ:NTRS), JPMorgan Chase (NYSE:JPM), Financials (NYSE:XLF) and Wells Fargo & Company (NYSE:WFC).
- Qihoo 360 Technology Co. Ltd. A (NYSE:QIHU): Down 9.78% to $16.24. Qihoo 360 Technology Co Ltd. provides Internet and mobile security products in the People’s Republic of China. The Companys products include an Internet security product for Internet security and system optimization; an anti-virus application to protect users’ computers against trojan horses, viruses, worms, adware, and other forms of malware; and a mobile smartphone security program.
- Royal Bank of Scotland Group plc (NYSE:RBS): Down 5% to $11.40. Royal Bank of Scotland Group plc, through subsidiaries, accepts deposits and offers commercial banking services. The bank offers business term loans; commercial mortgages; professional practice loans; asset finance and invoice finance loans; residential mortgages; consumer loans; credit cards; financial planning services; and life, personal lines, and income protection insurance.
- United Microelectronics Corporation (NYSE:UMC): Down 1.6% to $2.46. United Microelectronics Corporation designs, manufactures, and markets integrated circuits (NYSE:ICS) and related electronic products. The Company’s main products are consumer electronic ICs, memory ICs, personal computer peripheral ICs, and communication ICs.
- VimpelCom Ltd. (NYSE:VIP): Down 1.63% to $12.67. 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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