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shares gained 2.14 percent to reach a new 52-week high of $695.76 after the company announced a 7-for-1 stock split. The split will take the form of a stock dividend payable on July 14 to holders of record at the close of business on July 2. Netflix will begin trading at the post-split price on July 15.
Electronic Arts Inc.EA shares touched a new 52-week high of $67.94. Jefferies upgraded Electronic Arts from Hold to Buy.
Facebook IncFB shares reached a new 52-week high of $88.46. Facebook will offer free web access to South African Cell C users, according to Bloomberg.
McCormick & Company, Incorporated MKC shares rose 1.92 percent to touch a new 52-week high of $81.80. McCormick agreed to acquire 100 percent of the shares of One World Foods, Inc., seller of Stubb's barbeque sauces. Bernstein upgraded McCormick from Market Perform to Outperform.
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