Stocks Hitting 52-Week Lows

Lumber Liquidators Holdings LL shares tumbled 22.32% to reach a new 52-week low of $54.70 after the company lowered its earnings forecast for the year. Jefferies downgraded the stock from Buy to Hold and cut the price target from $115.00 to $57.00. CGG CGG shares touched a new 52-week low of $12.124 after the company provided its vessel utilization and its fleet allocation updates for the second quarter. Tractor Supply Company TSCO shares reached a new 52-week low of $57.70 after the company issued a second-quarter profit warning. The company projected earnings of $0.94 to $0.95 per share on sales of $1.58 billion. Potbelly PBPB shares fell 24.16% to touch a new 52-week low of $11.11 after the company warned it will miss Q2 expectations by a wide margin.