Notable 52-Week Highs and Lows of the Day 02/08: XIDE, GE, MDW, SIRI, AAPL High; HGG, DIET Low

FREE Breaking News Alerts from StreetInsider.com!

XIDE Hot Sheet

Overall Analyst Rating:
NEUTRAL (

Up)

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:

Exide Technologies (Nasdaq: XIDE) high of $12.28. Higher today following third quarter earnings that saw adjusted EPS of $0.33 on revs of $800.3 million, compared to the consensus EPS of $0.25 with revs of $741.6 million. Shares popped over 17% to the new high.
General Electric Co. (NYSE: GE) high of $21.30. Making a new 52-week high on lower volume today, investors buying in as its finance arm, GE Capital, is planning a $2 billion debt raise ahead of implementation of the Dodd-Frank regulatory overhaul rules, which are set to take effect in July.
Midway Gold Corp. (NYSE: MDW) high of $1.51. Sees above-average volume today following a speculative takeover article on Seeking Alpha following the January acquisition of Fronteer Gold (NYSE: FRG) by Newmont Mining (NYSE: NEM). Other plays were also named in the report, but Midway seems to have gained momentum above the $1.35 resistance level, sending it over 15% higher to the new 52-week high.
SIRIUS XM Radio Inc. (Nasdaq: SIRI) high of $1.81. Popped a little earlier as a press release from Teleca announced that they were going to partner with Sirius on a Google (Nasdaq: GOOG) Android-based solution for "next generation vehicle, portable and home products." Shares haven't kept the momentum above the $1.80 price level.
Apple Inc. (Nasdaq: AAPL) high of $. According to J.P. Morgan, Verizon (NYSE: VZ) sold about 500,000 iPhones on the first day that preorders were available. Additionally, today, Canaccord Genuity increased their price target on the media/tech giant from $432 to $460. Investors still shrugging off CEO Steve Jobs leave of absence from the company, as shares moved over 1% higher today.

52-Week Low:

hhgregg, Inc. (NYSE: HGG) low of $17.27. Despite a fourth quarter 2010 win, HGG shares are trading lower on reduced FY11 EPS outlook. Hhgregg lowered their FY11 EPS outlook from $1.15 - $1.23 to $1.10 - $1.15, below the consensus of $1.16.
sDiets.com Inc. (Nasdaq: DIET) low of $0.28. Lower today following a mixed guidance issuance from the company for Q410 and Q111 revenues. DIET sees Q410 revs of $6.7 - $6.9 million, compared to the consensus of $6.13 million. For Q111, revs are expected to be $5.5 - $7.0 million, versus the consensus of $8.9 million.

Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!