FFoou­urr UU..SS.. sst­tooc­ckkss tth­haatt hhi­itt aa nneeww llooww

Financial Mirror (Cyprus) - - FRONT PAGE -

Four U.S. stocks were re­ported among the 66 eq­ui­ties mak­ing new 52-week lows on Mon­day as vol­umes con­tin­ued to be low as in­vestors wait to ring in the new year.

Transocean Part­ners LLC (NYSE: RIGP) posted a new 52-week - and all-time - low on Mon­day of $13.18. Based on Fri­day night’s clos­ing price of $14.32, that’s a drop of nearly 8%. The stock’s 52-week high is $29.43. Vol­ume is about a third higher than the daily av­er­age of around 325,000 shares. The off­shore drilling firm had no spe­cific news, but crude prices were down about 2%.

San­dRidge Mis­sis­sip­pian Trust II (NYSE: SDR) dropped about 5.3% to post a new 52-week - and all-time - low of $3.91 after clos­ing at $4.13 on Christ­mas Eve. The stock’s 52-week high is $10.12. Share vol­ume is nearly dou­ble the daily av­er­age of 400,000 shares traded. The roy­alty company had no spe­cific news but is feel­ing pres­sure from low crude prices.

Vivus Inc. (NAS­DAQ: VVUS) dropped about 6% Mon­day to post a new 52-week low of $2.78. The stock’s 52-week high is $9.80. Vol­ume to­talled 25% higher than the daily av­er­age of around 1.9 mln shares. The U.S. FDA ap­proved a com­pet­ing di­a­betes drug last week to com­pete with Vivus’s Qsymia treat­ment.

On­line re­tailer Zulilly Inc. (NAS­DAQ: ZU) dropped about 3.8% to es­tab­lish a new 52-week - and all-time - low at $22.39 against a high of $73.50. Vol­ume was 25% be­low the daily av­er­age of around 1.4 mln shares.

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