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Stocks Hitting 52-Week Highs

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Mondelez International Inc (NASDAQ: MDLZ) shares reached a new 52-week high of $47 as Bill Ackman disclosed a $5.5 billion stake in Mondelez.

Merge Healthcare Inc. (NASDAQ: MRGE) shares touched a new 52-week high of $7.06 after International Business Machines Corp. (NYSE: IBM) announced its plans to buy Merge Healthcare in a $1 billion deal.

Alaska Air Group, Inc. (NYSE: ALK) shares rose 1.08 percent to reach a new 52-week high of $79.88 after the company announced a $1 billion share repurchase program.

Coca-Cola Enterprises Inc (NYSE: CCE) shares gained 2.43 percent to touch a new 52-week high of $53.10 following the announcement of merger with Coca-Cola Iberian Partners SA and Coca-Cola Erfrischungsgetränke AG.

 

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

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