Stocks Hitting 52-Week Highs
Benzinga 10 years ago
NewsIntraday UpdateMarketsMovers
- Dicks Sporting Goods Inc (NYSE: DKS) shares gained 9.3 percent to reach a new 52-week high of $59.96 after the company posted upbeat Q2 results and raised its FY16 earnings outlook.
- CST Brands Inc (NYSE: CST) shares gained 6.11 percent to reach a new 52-week high of $47.03. The Wall Street Journal reported that Alimentation Couche-Tard is nearing a deal to acquire CST Brands.
- G&K Services Inc (NASDAQ: GK) shares surged 18.5 percent to touch a new 52-week high of $97.30. Cintas Corporation (NASDAQ: CTAS) announced plans to acquire G&K Services for $97.50 per share in cash. G&K Services also posted better-than-expected Q4 earnings.
- Momo Inc (ADR) (NASDAQ: MOMO) shares touched a new 52-week high of $17.005 as the company reported better-than-expected quarterly earnings.