Market Overview

Stocks Hitting 52-Week Highs

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InterMune (NASDAQ: ITMN) shares reached a new 52-week high of $73.07 after Roche (OTC: RHHBY) announced its plans to acquire InterMune for $74.00 per share in cash.

CyberOptics (NASDAQ: CYBE) shares gained 8.77% to reach a new 52-week high of $12.15. CyberOptics shares have jumped 92.92% over the past 52 weeks, while the S&P 500 index has gained 20.02% in the same period.

Tim Hortons (NYSE: THI) shares rose 20.37% to touch a new 52-week high of $75.64 following the confirmation of merger talks.

Burger King Worldwide (NYSE: BKW) shares rose 15.86% to reach a new 52-week high of $31.41. Burger King is in talks to acquire Tim Hortons (NYSE: THI).

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

 

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