Stocks Hitting 52-Week Lows

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RPX Corp RPXC shares fell 13.25 percent to reach a new 52-week low of $11.72 after the company agreed to acquire Inventus Solutions for $232 million in cash. Acura Pharmaceuticals, Inc. ACUR shares fell 3.98 percent to reach a new 52-week low of $1.69. Acura Pharmaceuticals shares have dropped 25.11 percent over the past 52 weeks, while the S&P 500 index has gained 1.52 percent in the same period. Kennametal Inc. KMT shares declined 6.23 percent to touch a new 52-week low of $19.42. Analysts at Longbow Research downgraded Kennametal from Neutral to Underperform. Chesapeake Energy Corporation CHK shares touched a new 52-week low of $3.69. Chesapeake Energy reported preliminary results of its private offers.
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