Stocks Hitting 52-Week Lows

Coach COH shares reached a new 52-week low of $43.35 after Morgan Stanley downgraded the stock from Equal-weight to Underweight. Avon Products AVP shares fell 12.63% to touch a new 52-week low of $13.35 after the company reported Q1 results and agreed to settlement with the SEC and the DOJ. JDS Uniphase JDSU shares declined 11.21% to touch a new 52-week low of $11.25 after the company reported downbeat Q3 results and issued a weak Q4 forecast. Stamps.com STMP shares reached a new 52-week low of $27.705 after the company reported downbeat quarterly results.