Notable 52-Week High's and Low's of the Day 08/26: RHT, MIPS, SLW HIgh; TRMA, RUE, SCON Low

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Overall Analyst Rating:
BUY (= Flat)

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:

Red Hat, Inc. (NYSE: RHT) high of $34.75. Could be seeing some upside to M&A in the cloud computing market today. Shares are up 3.9% as Dell makes a stronger bid for 3PAR (NYSE: PAR) and Hewlett-Packard (NYSE: HPQ) buys up privately-held Stratavia.
MIPS Technologies Inc. (Nasdaq: MIPS) high of $6.78. See Red Hat above. MIPS also climbed just about 5% to reach its new high today.
Silver Wheaton Corp. (NYSE: SLW) high of $22.46. SLW shares have been trending higher over the last month as investors buy back into metals on market volatility. No big news today, just solid buying making volume slightly above the trailing three-month average.

52-Week Low:

Trico Marine Services Inc. (Nasdaq: TRMA) low of $0.18. TRMA has filed for Chapter 11 for its U.S. and Cayman companies.
rue21, Inc. (NYSE: RUE) low of $20.78. The company reported a Q2 EPS of $0.26, 2 cents lower than the analyst estimate of $0.28. Revenue for the quarter was $143 million, which compares to the estimate of $164.33 million. Sees Q3 EPS of 25-27c, vs. the consensus of 42c. Reaffirms FY10 outlook.
Superconductor Technologies Inc. (Nasdaq: SCON) low of $1.52. SCON prices their 4 million common stock offering at $1.50. The company expects gross proceeds of $6 million, with net proceeds of $5.3 million.