Stocks Hitting 52-Week Highs (AIPC, CRUS, HMIN, IPXL)

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American Italian Pasta Company
AIPC
soared 25.99% to $52.658, creating a new 52-week high. The boards of Ralcorp Holdings Inc
RAH
and AIPC have collectively agreed on a definitive merger in a deal valued at $1.2 billion. Cirrus Logic Inc
CRUS
shares moved up 1.91% to $18.16 to create a new 52-week high. On Friday’s “Mad Money Lightning Round,” Jim Cramer had expressed his preference for CRUS over Cree
CREE
. Home Inns & Hotels Management Inc
HMIN
shares reached $42.37 to create a new 52-week high, before slipping to $42.22, reflecting 2.98% gain. HMIN’s quarterly earnings growth jumped 10,088.50% y/y. Impax Laboratories Inc
IPXL
shares reached $22.23 to create a new 52-week high, before slipping to $22.16. Analysts at Wells Fargo Securities downgraded IPXL from “outperform” to “market perform.” Read more
from Benzinga's Company news.
Posted In: Long IdeasNewsMarketsTrading Ideas52-Week Highs
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