Market Overview

Stocks Hitting 52-Week Highs

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Sinovac Biotech Ltd. (NASDAQ: SVA) shares climbed 6.97 percent to touch a new 52-week high of $6.60 after the company reported that it has received a competing non-binding "going private" proposal of $7.00 per share in cash.

Laclede Group Inc (NYSE: LG) shares reached a new 52-week high of $65.10. On Wednesday, Laclede Group reported downbeat Q1 earnings.

McEwen Mining Inc (NYSE: MUX) shares gained 4.44 percent to reach a new 52-week high of $1.41. McEwen Mining shares have surged 13.45 percent over the past 52 weeks, while the S&P 500 index has dropped 7.27 percent in the same period.

Cascade Microtech, Inc. (NASDAQ: CSCD) shares touched a new 52-week high of $20.38 after the company agreed to be acquired by FormFactor, Inc. (NASDAQ: FORM) for $21.13 per share in cash and stock.

 

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