Market Overview

Stocks Hitting 52-Week Highs

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Ingram Micro Inc. (NYSE: IM) shares gained 22.09 percent to reach a new 52-week high of $36.20 after the company agreed to be acquired by China's Tianjin Tianhai Investment Co Ltd for $38.90 per share in cash.

Genpact Limited (NYSE: G) shares rose 2.20 percent to touch a new 52-week high of $26.30. SunTrust Robinson Humphrey initiated coverage on Genpact with a Buy rating.

Itron, Inc. (NASDAQ: ITRI) shares surged 9.01 percent to touch a new 52-week high of $39.79 after the company reported better-than-expected Q4 earnings.

Edwards Lifesciences Corp (NYSE: EW) shares rose 1.45 percent to reach a new 52-week high of $87.88. Edwards Lifesciences shares have gained 29.55 percent over the past 52 weeks, while the S&P 500 index has dropped 8.14 percent in the same period.

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

 

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