PHG - Philips hits 52-week low; stock down 50% YTD
- Shares of Royal Philips ( NYSE: PHG ) hit a 52-week low on Thursday of $18.75.
- Year to date, shares are down 50% .
- The company has been deeply impacted by a recall related to its Respironics line of CPAP and ventilator devices .
- Philips ( PHG ) recently announced that Roy Jakobs would become president and CEO effective Oct. 15 .
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Philips hits 52-week low; stock down 50% YTD