Stocks Hitting 52-Week Lows

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  • Acadia Healthcare Company Inc ACHC shares fell 2 percent to touch a new 52-week low of $36.12. Acadia Healthcare is expected to release quarterly earnings on November 1, 2016.
  • Memorial Production Partners LP MEMP shares touched a new 52-week low of $0.49 as the company announced Friday that it will suspend quarterly cash distribution. Stifel Nicolaus downgraded Memorial Production Partners from Hold to Sell.
  • Nike Inc NKE shares slipped 3 percent to reach a new 52-week low of $50.48 following negative Jim Cramer/CNBC comments. Bank of America downgraded Nike from Neutral to Underperform.
  • Invacare Corporation IVC shares touched a new 52-week low of $8.60 after the company reported a wider-than-expected quarterly loss.
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