UPDATE: Notable 52-Week Highs and Lows of the Day 09/04: (STEM) (CBB) (AMZN) High; (FB) (ANR) (JASO) Low

September 4, 2012 2:24 PM EDT Send to a Friend
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(Updated - September 4, 2012 2:42 PM EDT)

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:
  • StemCells (Nasdaq: STEM) high of $2.67. StemCells higher after releasing new data from a Phase I/II for its HuCNS-SC product candidate (purified human neural stem cells) for chronic spinal cord injury. Shares up 23 percent to the new high Tuesday.

  • Cincinnati Bell (NYSE: CBB) high of $5.10. Raymond James upgraded Cincinnati Bell from Outperform to Strong Buy earlier, sending shares 8.7 percent higher on the session.

  • Amazon (Nasdaq: AMZN) high of $251.00. Amazon moving higher after inking an exclusive deal with EPIX, effectively stealing the content away from Netflix (Nasdaq: NFLX) when its deal expired over the weekend.

    EPIX is subsidiary of Studio 3 Partners, which includes Viacom (Nasdaq: VIAB), Paramount, Metro-Goldwyn-Mayer Studios and Lionsgate (NYSE: LGF).

  • Campbell Soup (NYSE: CPB) high of $36.28. Campbell higher following fourth-quarter earnings beat issued earlier. Campbell's adjusted EPS of 41 cents bested expectations by 3 cents.

    The soup and food staple giant also issued strongish guidance for fiscal 2013.
52-Week Low:
  • Facebook (Nasdaq: FB) low of $17.55. Facebook now comfortable below $18. Tuesday afternoon, Morgan Stanley cut its price target from $38 to $32, maintaining an Overweight ratting.

  • Alpha Natural Resources (NYSE: ANR) low of $5.42. Dahlman Rose cut its rating on Alpha Natural from Buy to Hold earlier. The firm cited production and lower met coal price expectations as two key factors in the switch.

  • Cliffs Natural Resources Inc. (NYSE: CLF) low of $33.72. Cliffs also lower on negative sentiment in the mining segment. Shares dipped about 6 percent Tuesday to the new mark.

  • JA Solar Holdings (Nasdaq: JASO) low of $0.84. JA Solar lower as market pressures continue in the solar segment.

    The firm saw some initial pressure last week after reporting a wider than expected second quarter loss of 37 cents per share. JA's shipment outlook for the third-quarter was also a little light.


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