Forbes -
8 Nov 2013 20:10

In trading on Friday, shares of Annaly Capital Management Inc (NYSE: NLY) touched a new 52-week low of $10.58/share. That's a $5.60 share price drop, or -34.61% decline from the 52-week high of $16.18 set back on 03/25/2013. Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for NLY that means the stock would have to gain 52.93% to get back to the 52-week high. For a move like that, Annaly Capital Manag...
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