3 Surprising Stocks Hitting New Lows Last Week

The market's been in a good mood lately. There were just 387 stocks on the three major U.S. stock exchanges hitting new 52-week lows lately, less than a third the number of investments that hit new highs.

Under Armour (NYSE: UA) (NYSE: UAA), Calavo Growers (NASDAQ: CVGW), and H&R Block (NYSE: HRB) are some of the more surprising names hitting fresh lows this past week, even with the market inching higher. Let's take a closer look at why these three stocks are falling out of favor.

Image source: Under Armour.

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Source Fool.com