Stocks Hitting 52-Week Lows

Millennial Media MM shares tumbled 10.15% to touch a new 52-week low of $2.65 after the company reported downbeat Q2 revenue and issued a weak Q3 revenue forecast. Zuoan Fashion ZA shares reached a new 52-week low of $1.34. Zuoan Fashion shares have dropped 40.69% over the past 52 weeks, while the S&P 500 index has gained 14.65% in the same epriod. Turtle Beach HEAR shares reached a new 52-week low of $7.189 after the company reported Q2 results. NII Holdings NIHD shares fell 0.52% to touch a new 52-week low of $0.213 following the company reporting Monday that it may file for bankruptcy.