Market Overview

Stocks Hitting 52-Week Highs

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AlarmCom Hldg Inc (NASDAQ: ALRM) shares gained 26.35 percent to reach a new 52-week high of $22.39 after the announcement of the company's Q4 results. The small-cap firm posted earnings of $0.14 per share, $0.13 above the Street's consensus. Revenue of$56.9 million, up 24.8 percent year-over-year, also came in $9.77 ahead of expectations.

RR Media Ltd (NASDAQ: RRM) shares rose 49.57 percent to touch a new 52-week high of $13.01 after SES Platform Services announced plans to acquire RR Media for $13.291 per share.

CoreSite Realty Corp (NYSE: COR) shares gained 1.35 percent to touch a new 52-week high of $67.05. CoreSite Realty shares have surged 39.46 percent over the past 52 weeks, while the S&P 500 index has dropped 7.26 percent in the same period.

Stamps.com Inc. (NASDAQ: STMP) shares reached a new 52-week high of $119.22 after the company reported upbeat Q4 results.

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

 

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