Stocks Hitting 52-Week Lows

Brocade Communications Systems, Inc. BRCD shares fell 1.04 percent to reach a new 52-week low of $8.60. Brocade shares have dropped 21.36 percent over the past 52 weeks, while the S&P 500 index has gained 1.14 percent in the same period. Landstar System, Inc. LSTR shares fell 2.42 percent to reach a new 52-week low of $55.62. BB&T Capital downgraded Landstar System to Hold. Atwood Oceanics, Inc. ATW shares declined 7 percent to touch a new 52-week low of $12.23. KLR initiated coverage on Atwood Oceanics with a Hold rating and a $12.50 price target. Aradigm Corporation ARDM shares dropped 1.55 percent to touch a new 52-week low of $3.81. Aradigm shares have declined 49.35 percent over the past 52 weeks, while the S&P 500 index has gained 1.14 percent in the same period.