Stocks Hitting 52-Week Lows

Wynn Resorts, Limited WYNN shares fell 15.08 percent to reach a new 52-week low of $110.80 after the company reported downbeat Q1 results and lowered its dividend to $0.50 per share from $1.5 per share. Stratasys, Ltd. SSYS shares tumbled 18.09 percent to touch a new 52-week low of $42.02 following the release of weak guidance. Dougherty & Company downgraded Stratasys from Buy to Neutral. Saia Inc SAIA shares touched a new 52-week low of $38.01. Saia reported Q1 earnings of $0.49 per share on revenue of $293 million. Video Display Corporation VIDE shares fell 8.56 percent to reach a new 52-week low of $2.03. Video Display shares have dropped 36.39 percent over the past 52 weeks, while the S&P 500 index has gained 12.25 percent in the same period.