Today's Trending Stocks
Click a Company to Research Now:
- Bank of America (BAC)
- Apple . (AAPL)
- Facebook (FB)
- AT&T (T)
- Nokia (NOK)
- Delcath Systems (DCTH)
- Mentor Graphics Corp (MENT)
- Complete Genomics (GNOM)
Here’s the news dragging Chesapeake Energy and Shutterfly to new 52 week lows today:
Oversupply of natural gas is hitting its prices, according to Chesapeake Energy (NYSE:CHK). So much gas is being extracted by U.S. energy firmsand prices are dropping–down 5.7% yesterday–with no end in sight. Having been traded in a 52-weel range of $21.87 to $35.95, CHK shares closed at $21.41, down $0.76 or 3.43% on the day.
Roth Capital expects the resignation of the CEO of Shutterfly (NASDAQ:SFLY) to weigh on the stock in the near-term. This will also cause investors to believe that the company is experiencing stronger than expected competition. However, Roth maintains a Buy rating as it thinks that the company’s long-term outlook is positive. Having traded in a 52-week range of $21.56 to $66.70, shares closed at $22.70, down $1.36 or 5.65% on the day.
Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!
Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.
Click here now for your FREE trial to our acclaimed flagship newsletter:
