Stocks That Created New 52-Week Highs (SMLC, ALTR, ARGN, AUTC, BIDU)
012 Smile.Communications Ltd (NASDAQ: SMLC) shares created a new high of $28.45, before slipping slightly to $28.14, reflecting a 10.48% jump. SMLC had recently announced an NIS 3.9 billion (approximately $1.04 billion) financing agreement with a consortium led by Bank Hapoalim to acquire the controlling interest in Bezeq - the Israel Telecommunication Corp.
Altera Corporation (NASDAQ: ALTR) shares created a new 52-week high of $23.34, before losing marginally to $23.29, reflecting a 1.88% gain. ALTR designs, manufactures and markets programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, predefined design building blocks and associated development tools.
Amerigon Incorporated (NASDAQ: ARGN) shares rose 4.38% to create a new 52-week high of $10.00. ARGN designs, develops and markets electronic components and systems to be sold to original equipment manufacturers of cars and trucks in the US.
AutoChina International Limited (NASDAQ: AUTC) shares rose 8.61% to $39.10, creating a new 52-week high. AUTC operates as a commercial vehicle financing and passenger automobile sales company in China.
Baidu, Inc (NASDAQ: BIDU) shares created their new 52-week high of $489.75, before losing some of the stream to $488.78, reflecting a 0.16% gain.
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