Stocks Hitting 52-Week Highs

by Lisa Levin, Benzinga Editor

September 2, 2016 10:14 AM | 1 min read | Make a Comment

Mercadolibre Inc MELI shares gained 7.4 percent to reach a new 52-week high of $186.51. JP Morgan upgraded Mercadolibre from Neutral to Overweight.
Yelp Inc YELP shares reached a new 52-week high of $39.325. Yelp shares have climbed 60.17 percent over the past 52 weeks, while the S&P 500 index has gained 11.39 percent in the same period.
Parsley Energy Inc PE shares touched a new 52-week high of $34.88. Parsley Energy shares have jumped 108.20 percent over the past 52 weeks, while the S&P 500 index has gained 11.39 percent in the same period.
Intel Corporation INTC shares rose 0.6 percent to touch a new 52-week high of $36.22. TPG is said to be among potential bidders for Intel’s McAfee division, according to sources as reported by Bloomberg on Thursday.

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

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