Stocks Hitting 52-Week Lows

Affymax, Inc AFFY shares dropped 0.32% to create a new 52-week low of $6.23. Affymax said that the recall of Omontys has significantly hurt the company and it was considering all possible strategic alternatives, including restructuring and bankruptcy filing. VisionChina Media, Inc VISN shares lost 10.75% to create a new 52-week low of $2.74. VisionChina Media has released its results for Q4 and the full year ended December 31, 2012. ProShares Trust ProShares UltraShort Nasdaq Biotechnology BIS shares fell 2.56% to touch a new 52-week low of $43.72. ProShares Trust's 52 week range is $43.72-$101.68.