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.
Companies Reporting Before The Bell
• Canada Goose Hldgs (NYSE:GOOS) is projected to report quarterly earnings at $1.46 per share on revenue of $584.49 million.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said SK Telecom Co.,Ltd (NYSE: SKM) is good, but he doesn’t like the carrier business as it's getting competitive. He recommends owning Facebook if "you want metaverse" exposure.
Eventbrite (NYSE:EB) reported quarterly sales of $53.40 million which missed the analyst consensus estimate of $53.89 million by 0.91 percent. This is a 144.19 percent increase over sales of $21.87 million the same
According to data from Benzinga Pro, during Q2, Eventbrite's (NYSE:EB) reported sales totaled $46.31 million. Despite a 29.46% increase in earnings, the company posted a loss of $18.23 million.