Market Overview

Stocks Hitting 52-Week Highs

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Adobe Systems (NASDAQ: ADBE) shares reached a new 52-week high of $74.345 after the company reported stronger-than-expected second-quarter earnings. Adobe reported its adjusted earnings of $0.37 per share, beating analysts' estimates of $0.30 per share.

CH Robinson Worldwide (NASDAQ: CHRW) gained 1.33% to reach a new 52-week high of $63.07. CH Robinson's trailing-twelve-month ROE is 32.84%.

FedEx (NYSE: FDX) shares rose 5.11% to touch a new 52-week high of $147.48 after the company reported upbeat quarterly results. The company posted FQ4 earnings of $2.46 per share, beating analysts' estimates of $2.36 per share.

Reynolds American (NYSE: RAI) shares touched a new 52-week high of $61.01. Reynolds American shares have jumped 25.96% over the past 52 weeks, while the S&P 500 index has gained 19.22% in the same period.

Posted-In: 52-Week HighsNews Intraday Update Markets Movers

 

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