Notable 52-Week High's and Low's of the Day 09/24: LVS, BIDU, AAPL, LDK, SGEN High; IGT, AIB, VICL Low

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Overall Analyst Rating:
BUY ( Down

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:

Las Vegas Sands Corp. (NYSE: LVS) high of $34.84. Kind of a nice jump higher today, just about 3.3% as the company may be getting even more momentum as MGM' (NYSE: MGM) China Holdings, Ltd., is planning an IPO on the Hong Kong Stock Exchange. MGM shares are also up 5.4% currently, but still about $5.40 off of a fresh 52-week high.
Baidu, Inc. (Nasdaq: BIDU) high of $102.68. Seeing some movement today as the stock breaks through the $100 mark, as Pacific Crest boosted their price target on the stock from $80 to $140, while maintaining an Outperform rating on the shares.
Apple Inc. (Nasdaq: AAPL) high of $294.73. Though not a huge jump today, shares are still continuing higher as investors are salivating from the innovation and potential that the company is spewing. As we noted last Friday, the stock has to reach $345 per share to become the largest company in the world.
LDK Solar Co. Inc. (NYSE: LDK) high of $10.00. Shares surging on a new $8.9 billion financing agreement with China Development Bank Corp.
Seattle Genetics Inc. (Nasdaq: SGEN) high of $15.08. Shooting higher today as SGEN and Takeda Pharmaceutical Co.'s, Millennium, announced positive top-line results from a single-agent brentuximab vedotin (SGN-35) trial today. The trial was conducted in 102 relapsed or refractory Hodgkin lymphoma patients.

52-Week Low:

International Game Tech (NYSE: IGT) low of $13.65. Not following the broader market in September, summer has been tricky for IGT despite increasing its lower-end guidance following their second quarter earnings report in July. Gaming stocks have overall seen mixed movements, as economic rebounds have kept investors on the sidelines in these stocks. LVS above is a notable leader in the category, with solid prospects and a nice footprint in bustling Macau.
Allied Irish Banks, p.l.c. (NYSE: AIB) low of $1.46. Shares continuing lower as Ireland is set to release data on how much the bail out of the bank cost. The release is set for October 1, 2010. Additionally, Moody's downgraded their debt rating on the bank three notches from, A3 to BAA3.
Vical Inc. (Nasdaq: VICL) low of $2.20. Continuing a 21% drop from last Friday, after pricing a 15 million common offering at $2.25, a 40.9% reduction to their closing price as recently as September 20, 2010.