Stocks That Fell to 3-Year Lows in the Week of Dec. 27

Stocks That Fell to 3-Year Lows in the Week of Dec. 27

Netgear Inc., DuPont de Nemours Inc., Westpac Banking Corp. and Macerich Co. have declined to their three-year lows.

Netgear declined to $24.50

Netgear Inc. is a multinational computer networking company based in San Jose, California, with offices in about 25 other countries. Netgear’s focus is primarily on the networking market, with products for home and business use, including wired and wireless technology.

On Dec. 27, the price of Netgear shares declined to $24.50, which is only 3.3% above the three-year low of $23.69.

DuPont de Nemours declined to $63.73

DuPont de Nemours, Inc., commonly known as DuPont, is an American company formed by the merger of Dow Chemical and DuPont on August 31, 2017, and then subsequent spinoffs of Dow Inc. and Corteva. Prior to the spinoffs it was the world’s largest chemical company in terms of sales. The company is a component of the S&P 100.

On 27, the price of DuPont de Nemours shares fell to $63.73, which is only 3.3% above the three-year low of $61.63.

Westpac Banking declined to $16.83

Westpac Banking Corporation, commonly known as Westpac, is an Australian bank and financial services provider headquartered at Westpac Place in Sydney. As of March 2018, the company has approximately 14 million customers and employs 40,000 people.

On Dec. 27, the price of Westpac Banking shares declined to $16.83, which is only 3.3% above the three-year low of $16.27.

Macerich declined to $26.50

Macerich is an American self-managed a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2017, the company owned interests in 55 properties comprising 53 million square feet of leasable area.[1] The company name is a portmanteau of its founders, Mace Siegel and Richard Cohen.

On Dec. 27, the price of Macerich shares declined to $26.50, which is only 3.7% above the three-year low of $25.53.

 

Capital markets, shares, stocks, and equity, etc. are covered by Jose . He applies his learned knowledge, and acquired skill from years of experience, to put out articles which are worth their length in gold. These pieces of writing encompass all major developments in markets, increase or decrease of tariffs, and the effect of each such deduction and increment in the economy of the nation. This in turn, shows the trajectory of the economy, and completes the whole of the Square Business News legacy!

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