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Notable 52-Week Highs and Lows of the Day 03/05: (BP) (GALE) (LIZ) High; (PPO) (ACI) (FSLR) Low

March 5, 2012 2:18 PM EST
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:
  • BP p.l.c. (NYSE: BP) high of $48.34. BP moving higher Monday after reports surfaced that it entered a $7.8 billion settlement with businesses and individuals related to the 2010 Deepwater Horizon incident in the Gulf of Mexico. Analysts were pegging a number closer to $14 billion. For more color on the settlement, click here.

  • Galena Biopharma, Inc. (Nasdaq: GALE) high of $1.71. Galena continues to make a strong move higher after hitting the 200-day SMA last week. Shares moved at much as 18 percent on the session and are up 60 percent since last Wednesday.

  • Liz Claiborne, Inc. (NYSE: LIZ) high of $11.84. Liz Claiborne making a steady move higher since reporting strong quarterly numbers February 29th. Late last Friday, S&P raised its outlook from B- to B, with a Stable outlook.

  • Nike, Inc. (NYSE: NKE) high of $109.67. Nike is getting a boost from Goldman today, after the firm raised its price target from $108 to $119 and urged more buying ahead of Nike's third-quarter numbers. For more color on the report from Goldman, click here.
52-Week Low:
  • Arch Coal (NYSE: ACI) low of $12.15. Arch Coal off about 5.5 percent Monday as one of the largest coal markets, China, cut its outlook for 2012.

  • Polypore International (NYSE: PPO) low of $34.80. Polypore moving lower Monday following news that General Motors (NYSE: GM) will be temporarily halting production of its Chevy Volt. Stifel Nicolaus also issued some comments earlier with respect to the move by GM.

  • Patriot Coal (NYSE: PCX) low of $6.23. Patriot also down on the session as coal demand might wane with China cutting its growth outlook. Shares fell about 9.3 percent on the session to the new low.

  • First Solar, Inc. (Nasdaq: FSLR) low of $27.50. Although reports recently have solars leaning on potential gains on new tariffs and nuclear output cuts in Japan, investors have mostly been focused on European cuts. Additionally, markets are lower overall on mixed economic data from China, the U.S., and Europe. First Solar moved 8.3 percent lower on the session to its new low.


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