Market Overview

Stocks Hitting 52-Week Highs

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ZIOPHARM Oncology, Inc. (NASDAQ: ZIOP) shares reached a new 52-week high of $8.79 following announcement of licensing agreement with University of Texas MD Anderson Cancer Center.

Cubist Pharmaceuticals Inc. (NASDAQ: CBST) shares rose 0.58% to touch a new 52-week high of $101.53. Cubist Pharmaceuticals shares have jumped 34.75% over the past 52 weeks, while the S&P 500 index has gained 9.45% in the same period.

Mohawk Industries Inc. (NYSE: MHK) shares touched a new 52-week high of $166.12. Mohawk Industries reported the purchase of IVC Group for $1.2 billion in cash and equity.

IDEXX Laboratories, Inc. (NASDAQ: IDXX) shares gained 1.44% to reach a new 52-week high of $158.25. Idexx said it projected organic revenue growth of 9.5% to 10% in 2014.

 

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