Stocks Hitting 52-Week Lows

ServiceNow Inc NOW shares fell 21.72 percent to touch a new 52-week low of $59.00. ServiceNow reported better-than-expected quarterly results, but the company issued a weak revenue forecast. United Rentals, Inc. URI shares dropped 15.97 percent to reach a new 52-week low of $46.92. United Rentals reported Q4 earnings of $1.81 per share on revenue of $1.523 billion. McKesson Corporation MCK shares touched a new 52-week low of $155.93. McKesson reported downbeat quarterly sales. eBay Inc EBAY shares touched a new 52-week low of $23.04. eBay reported in-line earnings for its fourth quarter. However, the company issued a weak forecast for the current quarter and full year.
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