3 Surprising Stocks That Hit New Lows Last Week
Wall Street's rolling and there are nearly twice as many stocks hitting fresh 52-week highs than lows. But some notable names have sunk to their lowest points in more than a year. These include Carnival (NYSE: CCL) (NYSE: CUK), J.C. Penney (NYSE: JCP), and Rite Aid (NYSE: RAD).
This may not be the shiniest hour for the cruise industry, retailing, and drugstore operators, but many of their peers are holding up just fine. Let's take a closer look at why the three investments have fallen out of favor.
Image source: Carnival Corp.
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