Stocks Hitting 52-Week Lows

Pulse Electronics PULS shares fell 33.63% to reach a new 52-week low of $1.50 after the company announced an initiative to reduce costs through voluntary NYSE delisting and SEC deregistration. Quicksilver Resources KWK shares fell 16.68% to touch a new 52-week low of $0.75. Silver futures gained 0.44% to trade at $17.52 an ounce. Powell Industries POWL shares reached a new 52-week low of $44.98 after the company lowered its FY14 outlook. AcelRx Pharmaceuticals ACRX shares touched a new 52-week low of $5.40 after the company offered a regulatory update for Zalviso.