The market sell off continues today, though the market has rebounded slightly from its lowest point of the day. The Dow is down 254 points, the Nasdaq is down 51 points and the S&P is down 23 points. Let’s take a look at a few NYSE stocks hitting new 52-week lows today.
Alcatel-Lucent, S.A. (NYSE:ALU) is down 5% today at $1.81. ALU hit a new 52-week low of $1.78 earlier today. The stock has traded 9.7 million shares so far today, less than half its daily average. ALU has been trending lower most of the month and was as high as $2.76 a few weeks ago. The company has a current market cap of 3.94 billion.
Walgreen Co. (NYSE:WAG) is down 4.24% at $31.25 in afternoon trading. WAG hit a new 52-week low of $31.07 a earlier in the day. WAG has traded 7.4 million shares so far today and should pass its daily average of 7.9 million shares. The company has a current market cap of 27.80 billion.
Salesforce.com (NYSE:CRM) is down 2.36% today at $110.75 in afternoon trading. CRM has traded 5.1 million shares so far today, about half its usual trading volume. CRM has seen a lot of analysts upgrades to buy today after hitting a 52-week low of $105.06. The company has a current market cap of 14.93 billion.
Avon Products Inc. (NYSE:AVP) is down 0.80% at $16.70 today. AVP hit a new 52-week low of $16.45 shortly after market open. AVP has traded 4.6 million shares so far today, about 1 million short of its daily average. This is AVP’s ninth day in a row trading in the red. The company has a current market cap of 7.19 billion.
US Airways Group, Inc. (NYSE:LCC) is down 5.43% at $4.18 today. LCC hit a new 52-week low today at $4.02. Earlier today, US Airways welcomed SkyWest Airlines as regional partner. LCC has traded 3.2 million shares so far today. The stock usually trades 6.8 million shares a day. The company has a current market cap of 676.01 million.
Toyota Motor Corporation (NYSE:TM) is down 3.51% at $61.33 today. Toyota has traded 579 thousand shares so far today, 30 thousand more than its daily average. TM has been trading relatively flat until the market sell off today. The stock hit a new 52-week low of $61 today. The company has a current market cap of 96.14 billion.