Stocks falling to new 52 week lows on October 25 are MF Global Holdings Ltd, Healthways Inc, and Netflix, Inc. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of MF Global Holdings Ltd. (MF) fell by 34.37% or $-1.22/share to $2.33. In the past year, the shares have traded as low as $3.48 and as high as $9.28. On average, 3964820 shares of MF exchange hands on a given day and today's volume is recorded at 4058647. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $4.64 area but be careful because the stock may face selling pressure at this level.
Shares of Healthways Inc. (HWAY) fell by 42.09% or $-4.70/share to $6.47. In the past year, the shares have traded as low as $8.63 and as high as $17.62. On average, 232830 shares of HWAY exchange hands on a given day and today's volume is recorded at 1666139. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $11.08 area but be careful because the stock may face selling pressure at this level.
Shares of Netflix, Inc. (NFLX) fell by 35.94% or $-42.71/share to $76.13. In the past year, the shares have traded as low as $103.13 and as high as $304.76. On average, 7941380 shares of NFLX exchange hands on a given day and today's volume is recorded at 14607043. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $165.57 area but be careful because the stock may face selling pressure at this level.
