shares of holley inc touched a 52week low on the new york stock exchange monday continuing a slide from friday which followed the company reporting preliminary secondquarter financial results late thursday at 1130 am et shares were trading 158 lower at 673 volume at the time topped 31 million shares above the stocks 65day average volume of 771691 shares earlier in the session the companys stock reached a 52week low of 632 year to date the stock is down almost 50 after the bell thursday holley reported secondquarter preliminary sales of 1794 million down 71 from the yearearlier period holley said preliminary secondquarter net income was 406 million up 175 million from the second quarter of 2021 the company said it is still conducting financial closing procedures for the second quarter holley expects 2022 sales of 700 million to 725 million below its previous guidance for 765 million to 790 million holley designs makes and markets highperformance products for car and truck enthusiasts