Notable 52-Week Highs and Lows of the Day 05/02: (YHOO) (DISH) (IP) High; (JTX) (HOV) 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:

Yahoo! Inc. (Nasdaq: YHOO) high of $18.34. Moving higher today following reports that hedge fund manger Eihnorn of Greenlight has disclosed a new stake in the search giant. Yahoo! moved over 3.6 percent higher today following the circulated memo from Einhorn.
DISH Network Corp. (Nasdaq: DISH) high of $29.95. DISH is popping higher today following earnings and a settlement. DISH reported Q1 EPS of $1.22, 54 cents better than the analyst estimate of $0.68. Revenue for the quarter came in at $3.22 billion versus the consensus estimate of $3.23 billion. TiVo Inc. (Nasdaq: TIVO), DISH Network Corporation, and EchoStar Corporation (Nasdaq: SATS) announced today that they have settled all of their ongoing patent litigation. Shares up nearly 20 percent to the high today.
International Paper Co. (NYSE: IP) high of $32.42. Moving higher today following a bullish article in Barron's over the weekend. Barron's notes that IP is undervalued, and demand is high as shipments and packaging needs increase. Shares up 4.9 percent on the day.
Genetic Technologies (Nasdaq: GENE) high of $9.24. Genetic is making a massive move today, seeing strong buying above the $7 price level. The stock surged sharply on Wednesday of last week as the company gained certification for the launch of its BREVAGen in the US, and shares halted at $7 in mid-January. The stock is up over 60 percent on the day.

52-Week Low:

Jackson Hewitt Tax Service Inc. (NYSE: JTX) low of $0.34. Getting below the $0.50 price level today.
Hovnanian Enterprises, Inc. (NYSE: HOV) low of $2.96. Hovnanian trading over 7 percent lower today following pricing of a debt offering late last Friday. Hovnanian's subsidiary, K. Hovnanian Enterprises, Inc., priced its $12 million 10.625% Senior Secured Notes due 2016 at 105.5 percent of face. Net proceeds of $11.6 million are expected.

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