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3 Surprising Stocks Hitting New Lows Last Week


Nearly 1,000 exchange-listed stocks hit new 52-weeks lows last week, and it's easy to see why. It was a rough week for the market, including the biggest one-day swoon of 2019. A lot of the investments getting rocked make perfect sense, but some of the banishments are more than a little bit curious.

Rite Aid (NYSE: RAD), Dropbox (NASDAQ: DBX), and Grubhub (NYSE: GRUB) all hit new lows last week. Let's go over the reasons why the market has discarded these three household names. 

Image source: Dropbox.

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Source Fool.com

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