Stocks Hitting 52-Week Highs (CPEX, IRDMZ, JSDA, LPSB)
CPEX Pharmaceuticals Inc (NASDAQ: CPEX) crossed its earlier 52-week high of $26.65 and created a new 52-week high of $26.85. CPEX’s shareholders have recently elected Robert Forrester, COO of Forma Therapeutics, to the company’s board of directors.
Iridium Communications Inc (NASDAQ: IRDMZ) was another stock that made a new 52-week high of $2.29, up 12.25% at 11:38 am, breaking its previous high of $2.25. Iridium has announced today that it is going to fund, build and deploy Iridium NEXT, the company’s next-generation satellite constellation.
Jones Soda Company (NASDAQ: JSDA) today broke its previous 52-week high of $1.97 and made a new high of $2.09, up 11.17% at 11:38 am. Recently, JSDA struck a deal with Wal-Mart (NYSE: WMT) to sell its products in the retailer giant’s nearly 3,800 US-based stores. The deal enhances Jones' total retail outlet distribution by almost 10%.
LaPorte Bancorp Inc (NYSE: LPSB) crossed its earlier 52-week high of $7.65 and created a new 52-week high of $8, up 4.57%. LPSB is a holding company of The LaPorte Savings Bank that provides various banking products and services to individuals and small businesses in Indiana.
Read more from Benzinga's Markets.
Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.