Stocks Hitting 52-Week Highs
- Pier 1 Imports Inc (NYSE: PIR) shares surged 30.7 percent to touch a new 52-week high of $8.47 after the company reported stronger-than-expected results for its third quarter and named Terry London as interim president and CEO.
- InterDigital, Inc. (NASDAQ: IDCC) shares rose 8 percent to touch a new 52-week high of $91.50 after the company revised its revenue outlook notably higher. The company announced on Thursday it struck a patent licensing agreement with Apple Inc. (NASDAQ: AAPL).
- Xilinx, Inc. (NASDAQ: XLNX) shares rose 4.4 percent to reach a new 52-week high of $59.21. Morgan Stanley upgraded Xilinx from Equal-Weight to Overweight.
- NVIDIA Corporation (NASDAQ: NVDA) shares reached a new 52-week high of $98.64. NVIDIA shares have jumped 192.54 percent over the past 52 weeks, while the S&P 500 index has gained 10.27 percent in the same period.
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