Market Overview

Stocks Hitting 52-Week Highs

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Steel Dynamics (NASDAQ: STLD) shares reached a new 52-week high of $19.80 after the company announced its plans to acquire Severstal Columbus LLC from OAO Severstal.

Glu Mobile (NASDAQ: GLUU) shares reached a new 52-week high of $7.36 on Cowen price target increase from $6.00 to $10.00.

Baidu (NASDAQ: BIDU) shares gained 2.49% to touch a new 52-week high of $195.93. Morgan Stanley upgraded Baidu from Equal-weight to Overweight.

SUPERVALU (NYSE: SVU) shares jumped 2.28% to touch a new 52-week high of $8.98. SUPERVALU have surged 15.22% over the past 52 weeks, while the S&P 500 index has gained 16.67% in the same period.

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

 

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