Market Overview

Stocks Hitting 52-Week Highs

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Xenoport Inc (NASDAQ: XNPT) shares have almost doubled in the last three months and have reached a new 52-week high of $3.01, up from the previous high of $2.75. The company is expected to provide in October this year, the top line data for its very early stage experimental treatment for multiple sclerosis.

Virgin Media (NASDAQ: VMED) hit a new 52-week high of $30.44 on Thursday. The company's strengths lie in its expanding profit margins, rising stock price but its deteriorating net income and higher debt management risk remain areas of concern.

Selectica Inc (NASDAQ: SLTC) shares have reached a new 52-week high of $5.293 on Thursday, up from the previous high of $4.802. The company has received a patent for efficiently configuring products and services using dynamic components.

Tekmira Pharmaceuticals Corp (NASDAQ: TKMR) shares appreciated Thursday to reach a new 52-week high of $4.13 from the previous high of $4.99. The company in an update to its shareholders about the litigation with Alnylam Pharmaceuticals and AlCana Technologies reiterated its commitment to regain control of its LNP technology.

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