Stocks Hitting 52-Week Highs
Signature Bank (NASDAQ: SBNY) shares gained 4.67 percent to touch a new 52-week high of $134.98 after the bank reported upbeat earnings for the first quarter.
Mylan NV (NASDAQ: MYL) shares climbed 8.27 percent to reach a new 52-week high of $73.67. Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) has proposed to purchase Mylan for $82 per share in cash and stock,
Fortinet Inc (NASDAQ: FTNT) shares reached a new 52-week high of $37.96 after the company reported stronger-than-expected results for the first quarter.
(NASDAQ: VLTC) shares climbed 38.53 percent to touch a new 52-week high of $14.38. Voltari shares have jumped 185.17 percent over the past 52 weeks, while the S&P 500 index has gained 11.75 percent in the same period.
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