Notable 52-Week Highs and Lows of the Day 06/28: (ACN) (SBUX) (ICGN) High; (ABAT) (ABH) (MMI) Low
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:
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52-Week High:
- Accenture plc (NYSE: ACN) high of $60.98. Higher today on reports that Accenture will join the S&P 500, replacing Marshall & Ilsley Corp. (NYSE: MI).
- Starbucks Corporation (Nasdaq: SBUX) high of $38.97. Starbucks could be seeing some upside today stemming from a positive mention by Jim Cramer last night. Shares are up over 2.5 percent to the new high. Coffee prices are still on the rise, however investors appear to be shirking the news in favor of Starbucks potential internationally.
- ICAgen Inc. (Nasdaq: ICGN) high of $7.10. ICA making a further run on M&A rumors with Pfizer (NYSE: PFE). Shares are up 12 percent to the new mark.
- Advanced Battery Technologies (Nasdaq: ABAT) low of $0.96. Battery manufacturers are showing some weakness today, and Advanced Battery is right in the middle of it. Shares moved over 10 percent lower to the new mark. Another notable mover is China BAK Battery, Inc. (Nasdaq: CBAK), which is down nearly 15 percent on the session.
- AbitibiBowater Inc. (NYSE: ABH) low of $20.25. TD Newcrest downgraded from Buy to Hold, its price target lowered from $31 to $25.
- Motorola Mobility Holdings, Inc. (NYSE: MMI) low of $21.88. BMO Capital downgraded from Market Perform to Underperform, cutting its price target from $26 to $19. Shares moved over 4 percent lower on the call. Notably, Morotola split off into two companies late last year.
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