Market Overview

Stocks Hitting 52-Week Highs

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Sequential Brands Group (NASDAQ: SQBG) shares surged 15.78% to reach a new 52-week high of $13.50 after the company announced its plans to buy Galaxy Brand Holdings for about $260.3 million.

Medical Action Industries (NASDAQ: MDCI) gained 93.78% to reach a new 52-week high of $13.70 after Owens & Minor (NYSE: OMI) announced its plans to buy Medical Action Industries for $13.80 per share in cash.

Hanesbrands (NYSE: HBI) shares touched a new 52-week high of $96.83 after the company announced its plans to buy France's DBApparel.

Monsanto Company (NYSE: MON) shares touched a new 52-week high of $127.47 after the company reported upbeat fiscal third-quarter profit and lifted its full-year forecast. The company also announced a $10 billion share buyback program.

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

 

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