Stocks Hitting 52-Week Lows

Spirit Airlines Incorporated SAVE shares touched a new 52-week low of $43.315. Spirit Airlines raised its Q3 operating margin guidance. For 2016, capacity growth is now projected at the lower end of previous outlook range. Morgan Stanley downgraded Spirit Airlines from Overweight to Equal-weight and lowered the price target from $66.00 to $53.00. Seagate Technology PLC STX shares reached a new 52-week low of $38.68. Pacific Crest downgraded Seagate from Overweight to Sector Weight. First Data Corp (New) FDC shares reached a new 52-week low of $15.50. First Data is expected to release Q3 results on October 28, 2015. Royale Energy, Inc. ROYL shares touched a new 52-week low of $0.61. Royale Energy shares have dropped 75.00 percent over the past 52 weeks, while the S&P 500 index has gained 7.27 percent in the same period.