On Wednesday morning, 17 companies hit new 52-week lows.
Things to Consider:
- The largest company by market cap to set a new 52-week low was Campbell Soup (NYSE:CPB).
- The smallest company on a market cap basis to set a new 52-week low was Blue Water Acquisition (NASDAQ:BLUW).
- PAE (NASDAQ:PAE) saw the most significant move of the companies, as shares traded down 11.54% to reach its new 52-week low.
Over the course of the first half-hour of trading on Wednesday, the following stocks hit new 52-week lows:
- Campbell Soup (NYSE:CPB) shares hit a yearly low of $41.18. The stock was down 1.78% on the session.
- Boston Beer Co (NYSE:SAM) stock hit $568.55 on Wednesday morning, setting a new 52-week low for a change of down 5.81%.
- Wheels Up Experience (NYSE:UP) stock dropped to a yearly low on Wednesday of $6.91. Shares traded down 10.92%.
- Calavo Growers (NASDAQ:CVGW) shares set a new yearly low of $47.09 this morning. The stock was down 1.02% on the session.
- Theravance Biopharma (NASDAQ:TBPH) shares fell to $8.60 on Wednesday, setting a new 52-week low with a shift of down 6.34%.
- PAE (NASDAQ:PAE) stock broke to a new 52-week low of $6.31 on Wednesday. Shares of the company traded down 11.54%.
- NightDragon Acquisition (NASDAQ:NDAC) shares moved down 0.31% on Wednesday to hit a new 52-week low of $9.64, drifting down 0.31%.
- Broadscale Acquisition (NASDAQ:SCLE) shares moved down 0.21% on Wednesday to hit a new 52-week low of $9.60, drifting down 0.21%.
- SVF Investment Corp 3 (NASDAQ:SVFC) stock achieved a new 52-week low on Wednesday morning, hitting $9.65 and moving down 0.21%.
- New Vista Acquisition (NASDAQ:NVSA) stock achieved a new 52-week low on Wednesday morning, hitting $9.61 and moving down 0.13%.
- Tribe Capital Growth (NASDAQ:ATVC) shares reached a new 52-week low of $9.61 on Wednesday morning, moving down 0.52%.
- Aerovate Therapeutics (NASDAQ:AVTE) shares set a new 52-week low of $11.40. The stock traded down 4.0%.
- Alzamend Neuro (NASDAQ:ALZN) shares moved down 1.67% on Wednesday to hit a new 52-week low of $3.16, drifting down 1.67%.
- LDH Growth (NASDAQ:LDHA) shares moved down 0.1% on Wednesday to hit a new 52-week low of $9.63, drifting down 0.1%.
- First Capital (NASDAQ:FCAP) stock dropped to a yearly low on Wednesday of $41.76. Shares traded down 0.24%.
- Educational Development (NASDAQ:EDUC) stock drifted down 1.35% on Wednesday morning to hit a new 52-week low of $9.40.
- Blue Water Acquisition (NASDAQ:BLUW) stock drifted down 4.69% on Wednesday morning to hit a new 52-week low of $9.44.
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