Stocks Hitting 52-Week Lows

Skullcandy (NASDAQ: SKUL ) shares declined 11.94% to touch a new 52-week low of $6.86. Analysts at Jefferies downgraded Skullcandy from “buy” to “underperform.” Universal Business Payment Solutions Acquisition (NASDAQ: UBPS) shares lost 14.07% to create a new 52-week low of $3.91. UBPS completed its acquisitions of the JetPay companies