The 52-Week Low Club
From 247WallSt
Katy Industries (NYSE: KT) Small conglomerate gets NYSE delisting. Stock goes to $1.55. from 52-week high of $3.60.
Hovnanian (NYSE: HOV) Home building company. Industry gets worse each day. So does share price. Down to $23.45. The 52-week high was $44.59.
Micron Tech (NYSE: MU) Still pressure on DRAM memory chip prices. Drops to $11 from 52-week high of $18.65.
Adolor (Nasdaq: ADLR) Major drug trial halted. Shares fall to $3.53 from 52-week high of $26.17. Ouch.
Clearwire (Nasdaq: CLWR) Recent WiMax IPO down to $18.75 from high of $27.95, as concerns about length of time to sign subscribers mounts.
Conexant (Nasdaq: CNXT) Down to $1.45 on downward revision of quarterly expectation. From a 52-week high of $3.90.
RealNetworks (Nasdaq: RNWK) Yahoo! (Nasdaq: YHOO) and Sandisk (Nasdaq: SNDK) coming out with rival music download service. Shares fall to $7.50 from 52-week high of $12.08.
Douglas A. McIntyre
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