Stock Market News, November 4 – Central European Media Enterprises, BlackBerry Lead Companies Reaching New 52-Week Lows

Central European Media Enterprises Ltd.

Central European Media Enterprises Ltd. (NASDAQ:CETV) was at a new low of $2.22 per share yesterday, edging out its old 52-week high of $2.60. The company, which is a media and entertainment firm that operates broadcast, content and new media businesses in Europe, is trading at $2.30 – 0.639 (21.73 percent) on 5,441,945 shares traded.

By and large, BlackBerry Limited (NASDAQ:BBRY) was the most talked-about company hitting a new 52-week low yesterday, as the Canada-based consumer electronics company tanked at $6.40 per share, beating its old high of $7.37 per share by nearly a dollar. The company is now at$6.46 – 1.31 (16.86 percent) on 123,287,356 shares traded. BlackBerry shares have been on the downswing since it was announced that the company will be receiving a $1 billion capital injection from investors, and that it will no longer be open to a buyout.

Body Central Corp. (NASDAQ:BODY) was third place among yesterday’s companies reaching new 52-week lows, as the company dipped to $3.37 per share, or 51 cents less than its old 52-week low of $3.88. Body Central is trading at $3.52 – 0.42 (10.66 percent) on 2,305,628 shares traded. Body Central specializes in women’s clothing, jewelry and accessories under different brand names, including Body Central and Lipstick.

Next at fourth and fifth among yesterday’s companies reaching new 52-week lows were S&W Seed Company (NASDAQ:SANW), which dipped to $6.21 per share, beating out its earlier low of $6.41, and InterDigital Inc. (NASDAQ:IDCC), which moved down to $33.02 per share yesterday, above its old 52-week low of $34.47. S&W Seed Company is now at $6.42- 0.62 (8.81 percent) on 234,211 shares traded, while InterDigital is trading at $33.27 – 2.502 (6.99 percent) on 1,064,344 shares traded.

Cyan Inc. (NYSE:CYNI) continued its downward momentum yesterday, reaching a new low of $4.38 per share, or 13 cents less than its old 52-week low of $4.51. The company is now trading at $4.35 – 0.225 (4.92 percent) on 400,638 shares traded. Cyan Inc. is a provider of carrier-grade networking solutions that improve synergy and efficiency on legacy networks.

Bluebird bio Inc. (NASDAQ:BLUE), a manufacturer, developer and marketer of genes used in different therapy regimens, reached a new low of $20.07 per share yesterday, above its last 52-week low of $20.63. The company is trading at $20.44 – 0.75 (3.54 percent) on 114,241 shares traded.

The company was followed by Sutron Corporation (NASDAQ:STRN), which fell to as low as $4.56 per share yesterday, edging its old 52-week low of $4.60 by just four cents. Sutron is trading at $4.56 – 0.15 (3.18 percent) on 14,650 shares traded.

Last on yesterday’s top ten list of companies reaching new 52-week lows were Provident Financial Holdings Inc.(NASDAQ:PROV), which fell to as low as $14.18 per share, beating its earlier low of $14.91, and Coffee Holding Co. Inc. (NASDAQ:JVA), which reached a low of $5.03 per share, or 12 cents less than its previous low of $5.15. Provident Financial Holdings is now trading at $14.75 – 0.3758 (2.48 percent) on 250,390 shares traded, while Coffee Holding is trading at $5.07 – 0.12 (2.31 percent) on 75,783 shares traded.