Market Overview

Stocks Hitting 52-Week Highs

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Smithfield Foods (NYSE: SFD) shares surged 25.22% to create a new 52-week high of $32.52 after the company agreed to be bought by Chinese Shuanghui Group for around $4.8 billion.

Service Corp. International (NYSE: SCI) shares gained 9.99% to touch a new 52-week high of $19.38 after the company announced its plans to buy Stewart Enterprises (NASDAQ: STEI) for $13.25 per share in cash.

CEC Entertainment (NYSE: CEC) shares created a new 52-week high of $40.435. CEC Entertainment's trailing-twelve-month ROE is 28.42%.

Wet Seal (NASDAQ: WTSL) shares gained 7.33% to reach a new 52-week high of $4.83 after the company posted a profit in the first quarter and issued an upbeat outlook for the second quarter.

Posted-In: 52-Week HighsNews Intraday Update Markets Movers

 

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