Market Overview

Stocks Hitting 52-Week Highs

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Office Depot (NASDAQ: ODP) shares reached a new 52-week high of $7.37 after Starboard Value boosted its stake in Office Depot to around 10% from a previous 8.6% stake, The Wall Street Journal reported.

Covenant Transportation Group (NASDAQ: CVTI) shares touched a new 52-week high of $28.79 after the company issued a strong Q4 earnings forecast.

Restoration Hardware Holdings (NYSE: RH) shares gained 11.63% to touch a new 52-week high of $96.20 following earnings results that beat analyst expectations.

Bemis Company (NYSE: BMS) shares rose 1.52% to reach a new 52-week high of $43.46. Bemis shares have jumped 10.48% over the past 52 weeks, while the S&P 500 index has gained 14.12% in the same period.

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

 

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