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.
Gainers
Uxin (NASDAQ:UXIN) shares moved upwards by 6.2% to $0.85 during Monday's after-market session. The company's market cap stands at $337.7 million.
If you’ve been to a grocery store recently, you know inflation is here. But it’s not just consumers struggling to cope with rising costs, so are companies that are trying not to price out customers.
Equity markets in the United States and overseas have experienced a fair degree of negative volatility in the first quarter of 2022 amid an expected shift in the Federal Reserve’s monetary policy and the beginning of a relatively unexpected armed conflict between Russia and Ukraine.
The invasion of Ukraine by Russia has led to many companies offering support to Ukraine while pulling operations from Russia.
For many companies, the operations in the two countries represent a small portion of revenue and could have minimal impact on operations as the conflict continues.