Market Overview

Stocks Hitting 52-Week Highs

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Walker & Dunlop, Inc. (NYSE: WD) shares gained 14.40 percent to touch a new 52-week high of $22.41 after the company reported strong earnings for the first quarter.

The Western Union Company (NYSE: WU) shares reached a new 52-week high of $22.20. According to a Bloomberg report, Moneygram International Inc (NASDAQ: MGI) is in talks to be acquired by Western Union.

Synageva Biopharma Corp (NASDAQ: GEVA) shares jumped 116.78 percent to reach a new 52-week high of $207.82 after Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) announced its plans to acquire Synageva for $8.4 billion.

Electronic Arts Inc. (NASDAQ: EA) shares gained 4.18 percent to touch a new 52-week high of $61.63 after the company reported stronger-than-expected fiscal fourth-quarter results.

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

 

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