Stocks Hitting 52-Week Lows

Kohl's Corporation KSS shares fell 8.84 percent to reach a new 52-week low of $35.28 as the company reported downbeat results for its first quarter. Macy's, Inc. M shares fell 1.53 percent to touch a new 52-week low of $30.90. Northland Securities downgraded Macy's from Buy to Neutral. Morgan Stanley maintained an Equal-Weight rating on Macy's, while lowering the price target from $40 to $35. Buckle Inc BKE shares declined 1.75 percent to touch a new 52-week low of $24.15. Buckle shares have dropped 44.73 percent over the past 52 weeks, while the S&P 500 index has slipped 2.67 percent in the same period. Linn Energy LLC LINE shares dropped 60.71 percent to touch a new 52-week low of $0.130 following announcement of Chapter 11 Bankruptcy filing on Wednesday.