Notable 52-Week Highs and Lows of the Day 04/14: (YOKU) (IRM) (JBHT) High; (CNIT) (CREE) 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:

• Youku.com Inc (Nasdaq: YOKU) high of $63.92. Yoku.com moved higher on positive sentiment for Chinese companies yesterday, most notably as research firm Jefferies initiated coverage on Baidu (Nasadaq: BIDU) and Sina (Nasdaa: SINA) with a Buy rating and price targets of $200 and $150 respectively. Yoku shares moved over 11 percent higher to the new mark today.
  
  
• Iron Mountain Inc. (NYSE: IRM) high of $34.61. Investors loving the re-appointment of Richard Reese to the Chief Executive Officer position. Reese has served as Chairman of the Board since 1995 and was Iron Mountain’s Chief Executive Officer from 1981 to 2008.
  
  
• JB Hunt Transport Services Inc. (Nasdaq: JBHT) high of $48.15. JB Hunt moving nearly eight-percent higher today, following the Company's first-quarter earnings report. JB Hunt reported first-quarter EPS of $0.40 on revs of $1 billion, versus consensus EPS of $0.38 and revs of $964.76 million.
  
  
• Silgan Holdings (Nasdaq: SLGN) high of $45.70. Silgan continuing higher from yesterday as BofA/Merrill Lynch upgrades from Underperform to Buy, and increased its price target from $41 to $51. Silgan announced that it had entered into an agreement to acquire Graham Packaging (NYSE: GRM) in a $4.1 billion cash and stock deal yesterday.

52-Week Low:

• China Information Technology, Inc. (Nasdaq: CNIT) low of $2.32. Seeing some weakness today amid reporting that it has increased first-quarter contract signings by 17.6 percent to $36 million.
  
  
• Cree Inc. (Nasdaq: CREE) low of $40.44. Just about trickling to new lows, Cree saw some downward pressure yesterday following a downgrade of peer SemiLEDS (Nasdaq: LEDS) at Canaccord Genuity from Buy to Hold. Cree hasn't been at this price level since October 2009.

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