Stocks That Created New 52-Week Highs (AMLN, CNXT, GOODO, NRGP, INSW)
Amylin Pharmaceuticals Inc (NASDAQ: AMLN) shares jumped 10.66% to create a new 52-week high of $19.31. The FDA has approved the once-daily drug Victoza, manufactured by Novo Nordisk (NYSE: NVO), following which shares of diabetes drugmakers soared. Read more about this company here.
Conexant Systems Inc (NASDAQ: CNXT) shares created a new 52-week high of $4.45, before slipping to $4.42, reflecting a 4.99% jump. CNXT had swung to fiscal first-quarter profits to top Wall Street expectations. Read more about this company here.
Gladstone Commercial Corporation (NASDAQ: GOODO) shares climbed 2.86% to $21.60 to create a new 52-week high. GOODO had declared monthly cash distributions of $0.125 per common share for January, February and March. Read more about this company here.
Inergy Holdings LP (NASDAQ: NRGP) shares moved up 1.54% to create a new 52-week high of $68.53. NRGP Inergy Holdings has raised its quarterly cash distribution by 10.6%. Read more about this company here.
InsWeb Corporation (NASDAQ: INSW) shares formed a new high of $4.26, before slipping slightly to $4.25, reflecting a 32.81% upturn. INSW posted lower losses for 2009. Read more about this company here.
