Stocks Hitting 52-Week Highs

by Lisa Levin, Benzinga Editor

August 16, 2016 10:13 AM | 1 min read | Make a Comment

Dicks Sporting Goods Inc DKS shares gained 9.3 percent to reach a new 52-week high of $59.96 after the company posted upbeat Q2 results and raised its FY16 earnings outlook.
CST Brands Inc CST shares gained 6.11 percent to reach a new 52-week high of $47.03. The Wall Street Journal reported that Alimentation Couche-Tard is nearing a deal to acquire CST Brands.
G&K Services Inc GK shares surged 18.5 percent to touch a new 52-week high of $97.30. Cintas Corporation CTAS announced plans to acquire G&K Services for $97.50 per share in cash. G&K Services also posted better-than-expected Q4 earnings.
Momo Inc (ADR) MOMO shares touched a new 52-week high of $17.005 as the company reported better-than-expected quarterly earnings.

Posted In: News Intraday Update Markets Movers 52-Week Highs

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