Notable 52-Week Highs and Lows of the Day 02/02: (AMLN) (QCOM) (CDNS) High; (ANF) (CMED) (CMRG) Low

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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:

Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) high of $17.60. Amylin could be moving higher on Alkermes (Nasdaq: ALKS) results Thursday. Amylin recently got FDA approval of its diabetes drug Bydureon, which uses technology developed by Alkermes. Alkermes will receive 8 percent of any profits Amylin gets. Shares moved 13 percent today.
QUALCOMM Incorporated (Nasdaq: QCOM) high of $61.93. QUALCOMM moved about 4 percent to the upside today following strong first-quarter 2012 numbers issued after the market closed Wednesday. EPS was 97 cents and revs were $4.68 billion, beating expectations calling for EPS of 90 cents and revs of $4.58 billion. Looking ahead, the company sees second-quarter 2012 EPS of 91 to 97 cents, topping views calling for EPS of 89 cents.
Cadence Design Systems, Inc. (Nasdaq: CDNS) high of $11.84. Cadence moving to the upside today on solid fourth-quarter results. The firm had EPS of 17 cents on revs of $308 million, beating views calling for EPS of 15 cents and revs of $300.5 million. Cadence also issued good guidance for its next quarter: EPS of 14 to 16 cents, versus the consensus of $0.14 and revs of $305 to $315 million, versus the consensus of $292.87 million.
Rite Aid Corp. (NYSE: RAD) high of $1.50. Rite Aid reported a 2.2 percent increase in January comps Thursday. Total drugstore sales also rose 1.6 percent to $1.923 billion. Shares moved a modest 1.5 percent on the session.

52-Week Low:

Abercrombie & Fitch Company Com (NYSE: ANF) low of $40.65. Abercrombie & Fitch reported flat comps and fourth-quarter sales that missed Street views. Due to the numbers, Abercrombie & Fitch now sees fourth-quarter EPS of $1.10 to $1.15 versus $1.55 expected on the Street. For more color, click here. Shares were down over 13 percent on the session at one point.
China Medical Technologies, Inc (Nasdaq: CMED) low of $2.01. China Medical much lower after Fithc withdrew its rating. According to the firm: "At the time of the withdrawal, Fitch has learned that no payment had been received on the scheduled coupon, due December 15, 2011, on CMED's $125 million 6.25% convertible senior notes, due 2016. Fitch understands that the cure period for the coupon ended on January 14, 2012.

The rating has been withdrawn due to a lack of adequate information from the company."
Casual Male Retail Group, Inc. (Nasdaq: CMRG) low of $2.83. Casual Male cut its outlook today. The Company expects earnings per share for fiscal 2011 to be $0.28 to $0.29 per diluted share compared to previous guidance of $0.35 to $0.38 per diluted share. The Street sees EPS of 35 cents.