business newsMajesco Entertainment, ProShares UltraPro Short QQQ, and Lawson Products Hit 52-Week Lows
By
Bristol Voss Sep 14, 2012 3:45 pm
These Nasdaq stocks are down midday.
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MINYANVILLE ORIGINAL Majesco Entertainment (COOL), ProShares UltraPro Short QQQ (SQQQ), and Lawson Products (LAWS) all hit 52-week lows this afternoon.
Majesco traded to a low of $1.52 on volumes of 598,255 as of 3:10 p.m. EDT. The video company released earnings today that showed a loss for the previous quarter.
ProShares UltraPro Short QQQ traded as low as $34.37 on volumes of 1,746,626. The ETF, which tracks 3x the inverse of the Nasdaq-100, had large inflows of cash a month ago.
Lawson Products hit a low of $34.27 on volumes of 36,974. The company, which distributes industrial products, filed an 8-K today noting the departure of three top executives. In the same filing, it noted that it had entered into a $40 million loan agreement with The PrivateBank and Trust Company.
Majesco traded to a low of $1.52 on volumes of 598,255 as of 3:10 p.m. EDT. The video company released earnings today that showed a loss for the previous quarter.
ProShares UltraPro Short QQQ traded as low as $34.37 on volumes of 1,746,626. The ETF, which tracks 3x the inverse of the Nasdaq-100, had large inflows of cash a month ago.
Lawson Products hit a low of $34.27 on volumes of 36,974. The company, which distributes industrial products, filed an 8-K today noting the departure of three top executives. In the same filing, it noted that it had entered into a $40 million loan agreement with The PrivateBank and Trust Company.
No positions in stocks mentioned.
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