Market Overview

Stocks Hitting 52-Week Highs

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Alcoa (NYSE: AA) shares surged 2.68% to reach a new 52-week high of $14.94 after the company agreed to buy Firth Rixson for $2.85 billion.

Repligen (NASDAQ: RGEN) reached a new 52-week high of $22.218. Repligen shares have jumped 177.90% over the past 52 weeks, while the S&P 500 index has gained 21.47% in the same period.

Nabors Industries (NYSE: NBR) shares surged 7.36% to touch a new 52-week high of $29.31 after the company confirmed a deal to combine its completion and production services businesses with C&J Energy (NASDAQ: CJES).

Iron Mountain (NYSE: IRM) shares jumped 20.15% to touch a new 52-week high of $35.77 after the company announced the conversion to a REIT. The company expected FY14 earnings of $1.37 to $1.52 per share.

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

 

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