Notable 52-Week Lows of the Day 11/23: (RIMM) (DMND) (EEE) (FRO) (ALU)

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Overall Analyst Rating:
NEUTRAL (= Flat)

Revenue Growth %: -25.0%

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week Low:

Research In Motion (Nasdaq: RIMM) low of $16.24. RIM simply succumbing to market pressures in its drop to a 7.5 year low. That's right, the last time RIM was at this trading level was in May 2004.
Diamond Foods, Inc. (Nasdaq: DMND) low of $27.08. Reports have surfaced that Diamond audit committee member and Director Joseph Silveiri committee suicide yesterday. The move comes as Diamond's books have recently come under financial scrutiny.
Evergreen Energy Inc. (NYSE: EEE) low of $0.153. Evergreen reported that Stanhill Capital Partners unexpectedly said it was withdrawing its offer and terminating further discussions in connection with any potential transaction for the K-Fuel Business or the share capital of the company. The Special Committee and its financial advisor, Dahlman Rose & Company, LLC are continuing to evaluate strategic alternatives for Evergreen.
Frontline Ltd. (NYSE: FRO) low of $2.52. Frontline is continuing lower from yesterday's earnings results and bleak outlook. Today, FBR Capital downgraded shares from Market Perform to Underperform, slicing its price target from $5.50 to $1.50. Jefferies also reduced its target from $5 to $3, keeping a Hold rating on the shares.
Alcatel-Lucent, S.A. (NYSE: ALU) low of $1.46. Alcatel is lower again today, following a 14.5 percent close lower on Tuesday, as investor concern is heightened moving forward on looming competition and management issues.