Stocks Hitting 52-Week Highs
Virgin Media (NASDAQ: VMED) shares gained 3.91% to create a new 52-week high of $36.45. Virgin Media authorized a new repurchase program to buy back at least GBP1.12 billion.
Infinity Pharmaceuticals (NASDAQ: INFI) shares jumped 2.16% to create a new 52-week high of $29.32. Infinity Pharmaceuticals priced an underwritten registered public offering of 5,696,923 shares of its common stock at a price of $26.33 per share.
Melco Crown Entertainment (NASDAQ: MPEL) shares gained 1.68% to touch a new 52-week high of $16.42. Melco Crown's PEG ratio is 0.62.
Southwest Airlines Co (NYSE: LUV) shares rose 2.32% to create a new 52-week high of $10.38. Southwest expects gain in its 2013 revenue.
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