Notable 52-Week High's and Low's of the Day 09/30: JASO, LLNW, PAY High; ADBE, SAY Low

FREE Breaking News Alerts from StreetInsider.com!

Overall Analyst Rating:
NEUTRAL ( Down

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:

JA Solar Holdings Co., Ltd. (Nasdaq: JASO) high of $9.47. JA Solar carrying the momentum in today’s trading session as well, as the stock jumped 6.3% to a new 52-week high. The company may be seeing some upside from Canadian Solar (Nasdaq: CSIQ), which is up 12.2% on a Jefferies upgrade today. CSIQ is still about 51% off its 52-week high.
Limelight Networks, Inc. (Nasdaq: LLNW) high of $6.35. The stock is mounting a rally after Jim Cramer interviewed CEO Jeff Lunsford yesterday. The company has also been seeing positive momentum from Netflix (Nasdaq: NFLX).
VeriFone Systems, Inc (NYSE: PAY) high of $31.38. Disclosed a bid for Hypercom (NYSE: HYC) at $5.25. Hypercom rejected the bid, saying it undervalued the company. However, an earlier bid by the company, that went undisclosed, was closer to $6.00, which didn't elicit talks from the company's Board.

52-Week Low:

Adobe Systems Inc. (NYSE: ADBE) low of $25.70. Making a first appearance on the list since their third quarter earnings report last week. Not really much exciiting news in the sector today, but shares saw enough weakness midday to fall about 1.5% to a new 52-week low. Some investors may find this a good entry point for the company, buying on the dip. Adobe might gain as new avenues have been opened by by Apple (Nasdaq: AAPL) over the last several weeks. Of course, the constant barrage of Flash player updates might be a turn-off to others, who may get their big-cap tech fix elsewhere.
Satyam Computer Services Ltd. (NYSE: SAY) low of $3.83. Still lower after reporting their first financial results yesterday since September 2008. Shares closed 10.1% lower yesterday, as the company works to rebrand its image after one of the worst financial scandals from any Indian company.