In Tuesday’s action, 161 NYSE stocks hit new 52-week highs, while 50 hit new 52-week lows. Over on Nasdaq, 180 hit new 52-week highs compared to 139 hitting new 52-week lows.
One of 50 NYSE stocks hitting a new 52-week low was Bath & Body Works (BBWI), a one-time superstar stock. In November 2021, during COVID, the specialty retailer’s stock hit a 20-year high at $82. Four years later, it trades at one-quarter that.
