Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse.
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
If history is any guide, there may be good fortune ahead for shares of Aluminum Corp of China (NYSE:ACH). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
Gainers
OneSmart International Education Group Limited (NYSE: ONE) rose 39.1% to $0.2701 in pre-market trading. OneSmart International Education Group received notification from NYSE regarding delayed Form 20-F filing.
If history is any guide, there may be trouble ahead for shares of Aluminum Corp of China (NYSE:ACH). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.