Stocks Hitting 52-Week Lows

Rocket Fuel FUEL shares tumbled 24.96% to reach a new 52-week low of $20.87 after the company issued a weak outlook. Goldman Sachs downgraded Rocket Fuel from Buy to Neutral and cut the price target from $69.00 to $25.00. Intermolecular IMI shares touched a new 52-week low of $2.16. Intermolecular shares have dropped 73.49% over the past 52 weeks, while the S&P 500 index has gained 14.81% in the same period. PROS Holdings PRO shares touched a new 52-week low of $19.86 after the company posted Q1 earnings of $0.01 per share on revenue of $42.90 million. Pacific Crest Securities downgraded the stock from Outperform to Sector Perform. Molycorp MCP shares dipped 11.86% to reach a new 52-week low of $3.27. JP Morgan downgraded Molycorp from Neutral to Underweight.