Market Overview

Stocks Hitting 52-Week Highs

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Fabrinet (NYSE: FN) shares gained 13.59 percent to reach a new 52-week high of $28.50 after the company reported stronger-than-expected quarterly results.

LoJack Corporation (NASDAQ: LOJN) shares climbed 19.54 percent to touch a new 52-week high of $6.41 as CalAmp Corp. (NASDAQ: CAMP) announced plans to acquire LoJack for $6.45 per share in cash, in a deal valued at around $134 million.

Oclaro, Inc. (NASDAQ: OCLR) shares reached a new 52-week high of $3.75. Oclaro is expected to post its quarterly earnings after the closing bell.

Integrated Electrical Services, Inc. (NASDAQ: IESC) shares touched a new 52-week high of $12.90. Integrated Electrical Services shares have gained 74.41 percent over the past 52 weeks, while the S&P 500 index has dropped 5.40 percent in the same period.

 

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