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Market Overview

Stocks Hitting 52-Week Highs

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ViroPharma (NASDAQ: VPHM) shares gained 25.52% to touch a new 52-week high of $49.43 after the company agreed to be acquired by Shire (NASDAQ: SHPG) for $50 per share.

RDA Microelectronics (NASDAQ: RDA) shares rose 3.82% to reach a new 52-week high of $18.20 after the company agreed to be acquired by Tsinghua Unigroup for $18.50 per ADS.

Gogo (NASDAQ: GOGO) shares jumped 23.67% to touch a new 52-week high of $23.19 after the company reported upbeat Q3 results and raised its FY13 revenue forecast.

E*TRADE Financial (NASDAQ: ETFC) shares created a new 52-week high of $17.94. E*TRADE Financial's PEG ratio is 0.64.

 

Related Articles (VPHM + RDA)

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

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