Stocks Hitting 52-Week Lows

Sparton Corp. SPA shares fell 10.98% to touch a new 52-week low of $20.27. Sparton reported Q2 earnings of $0.16 per share on sales of $85.6 million. RadiSys Corporation RSYS shares dropped 25.08% to touch a new 52-week low of $1.8730 after the company reported downbeat Q4 results. Needham downgraded Radisys from Buy to Hold. Powell Industries, Inc. POWL shares slipped 11.31% to reach a new 52-week low of $37.31 after the company reported downbeat Q1 results and lowered its FY15 outlook. Cache Inc. CACH shares dropped 44.49% to reach a new 52-week low of $0.0272. Cache filed for Chapter 11 bankruptcy.