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American Greetings Corp. (AM) Dropped To A New Low For The Year

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10/5/2011 7:59 AM ET

American Greetings Corp. (AM: Quote) traded in a range until around 1:15PM Tuesday, but then spiked sharply to the downside. The stock continued to decline until around mid-afternoon and finished lower by 1.15 at $16.68 on the highest volume of the year.

American Greetings has been losing ground for the past week and closed Tuesday at a new low for the year.

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by RTT Staff Writer

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