Groupon, Diamond Foods, EA Among Stocks Sinking to 52-Week Lows

Groupon Inc (NASDAQ:GRPN): Groupon’s (NASDAQ:GRPN) iPhone app has disappeared from Apple’s (NASDAQ:AAPL) iTunes app store, Business Insider reports. A spokesperson says the app was pulled from the store as a precaution after finding a bug. The shares closed at $12.67, down $0.45 or 3.43% on the day. They have traded in a 52-week range of $12.85 to $31.14.

Banco Bilbao Viscaya (NYSE:BBVA): European officials are trying to persuade other countries to contribute more money to the IMF ahead of the organization’s Spring meeting later this week, according to Bloomberg. Developing countries have indicated that they’re willing to contribute more funds, but the U.S. and Japan have expressed reluctance, the news service said. The shares closed at $6.83, down $0.02 or 0.29% on the day. They have traded in a 52-week range of $6.79 to $13.01.

Diamond Foods (NASDAQ:DMND): Diamond Foods April 22 and 23 calls are active on total call volume of 5K contracts (2K puts) on speculation it will provide an update shortly. April call option implied volatility is at 71, May is at 52, June calls are at 54; compared to its 26-week average of 62 according to Track Data. Active option volume suggests traders taking positions for price movement. The shares closed at $21.27, up $0.43 or 2.06% on the day. They have traded in a 52-week range of $20.75 to $96.13.

Electronic Arts Inc. (NASDAQ:EA): An Electronic Arts (NASDAQ:EA) spokesperson acknowledged that the company is “reshuffling” its workforce but dismissed rumors it will be cutting headcount by 500 to 1000, says Reuters. The shares closed at $15.21, down $0.97 or 6% on the day. They have traded in a 52-week range of $15.36 to $26.13.

Fortuna Silver Mines (FSM): Fortuna Silver Mines announces production figures for the first quarter of 2012 from its two operating mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru. Both mines are performing above planned production levels and the company is on schedule to deliver 3.7M ounces of silver and 17,400 ounces of gold or 4.6M ounces of silver equivalent plus significant base metal by-product in 2012. Reports Q1 gold production of 5,137 ounces, lead production of 4.4M pounds, and zinc production of 5.4M pounds. The shares closed at $3.81, down $0.33 or 7.97% on the day. They have traded in a 52-week range of $3.85 to $7.67.

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