Notable 52-Week Highs and Lows of the Day 05/16: (OSUR) (LEN) (DRI) High; (CLWR) (VELT) (FSLR) Low


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May 16, 2012 3:44 PM EDT Send to a Friend
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Price: $4.34 -1.59%

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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:
  • OraSure Technologies, Inc. (Nasdaq: OSUR) high of $12.25. OraSure popping higher after reporting that the U.S. FDA Blood Products Advisory Committee (BPAC) provided a unanimous positive recommendation for the Company's OraQuick In-Home HIV Test.

    Shares up 34.6 percent on the session.

  • Lennar Corp. (NYSE: LEN) high of $30.12. Lennar and other homebuilders moving higher after data showed the construction of 717K homes were started in April, better than expectations. Shares up a modest 3.3 percent to the new mark.

  • Darden Restaurants, Inc. (NYSE: DRI) high of $55.84. Darden got a push through $53.25 on gobs of volume en route to its new mark today.
52-Week Low:
  • Clearwire Corp. (Nasdaq: CLWR) low of $1.06. Clearwire hitting an all time low Wednesday (which, means since its IPO in late 2008), as investors evaluate the potential for the wireless communication network equipment provider following the announced Chapter 11 bankruptcy of LightSquared on Monday.

    Shares fell 11 percent on the session coupled with strong volume.

  • Velti plc (Nasdaq: VELT) low of $6.00. Velti hit after reporting an in-line first-quarter loss and guidance that was also flat with views. It's not really clear why the stock was slammed 30 percent to its new low, particularly with some firm Needham & Company comments to boot.

  • First Solar, Inc. (Nasdaq: FSLR) low of $14.08. First Solar in particular is seeing interest as Greenlight Capital's David Einhorn sold out of a position in the first-quarter and crude prices have been on a slide which may put the solar expansion effort on hold for a minute. First Solar is down 7.6 percent to the new mark Wednesday.

  • Abercrombie & Fitch Co. (NYSE: ANF) low of $38.26. Abercrombie reported first-quarter earnings of 3 cents on revs of $921.2 million, mixed to views. Comps fell 5 percent. Abercrombie said it sees fiscal 2012 same-sales down by a mid-single digit percentage.


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