Notable 52-Week Highs and Lows of the Day 04/25: (SOHU) (PLCM) (SIRI) High; (TEVA) (GFRE) 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:

• Sohu.com Inc. (Nasdaq\: SOHU) high of $107.57. Big news day for Sohiu.com. The Company reported Q1 EPS of $1.13, $0.17 better than the analyst estimate of $0.96. Revenue for the quarter came in at $174.4 million versus the consensus estimate of $168.8 million. Sohu.com Inc. sees Q211 EPS of $1.13 - $1.18, versus the consensus of $1.10. Also sees Q211 revenue of $188 - $193 million, versus the consensus of $183.36 million. Sohu also reported that subsidiary, Changyou.com Limited (Nasdaq: CYOU), has recently entered into a definitive agreement with Shenzhen 7Road Technology Co., Ltd. under which it will acquire 68.258% of the equity of Shenzhen 7Road Technology Co., Ltd. and its affiliates, a reputable web-based game company in China. The acquisition will be made for approximately $68.26 million, plus additional variable cash consideration of up to a maximum of $32.76 million that is contingent upon the achievement of specified performance milestones through December 31, 2012. Sohu shares up 12.4 percent to the new high today.
  
  
• Polycom, Inc. (Nasdaq: PLCM high of $60.19. Polycom is moving higher today following first-quarter earnings. Polycom produced Q1 EPS of $0.48 on revs of $344 million, versus consensus EPS of $0.42 and revs of $337.8 million. BMO also upgraded shares this morning from Market Perform to Outperform, boosting its price target from $38 to $72.
  
  
• SIRIUS XM Radio Inc. (Nasdaq: SIRI) high of $1.96. Sirius is seeing some upside ahead of its first quarter 2011 results, expected out before the market on May 3rd, as investors are bullish on auto sales and earnings which could be a boon for Sirius as well. The stock is up modestly, about 1.6 percent, to the high today.
  
  
• Travelzoo Inc. (Nasdaq: TZOO) high of $103.80. Travelzoo is catching a bid today following an upgrade at Benchmark from Hold to Buy, with a price target nearly doubled from $66 to $123. Travelzoo is carrying over momentum from last Thursday, following a first-quarter earnings beat.

52-Week Low:

• Teva Pharmaceuticals (Nasdaq: TEVA) low of $44.86. Got enough momentum early in the session to reach a new 52-week low, but an upgrade at Gabelli, from Hold to Buy, is invigorating shares today. Teva saw some selling late last week following strong results from Biogen Idec (Nasdaq: BIIB) from the DEFINE trial of its BG-12 multiple sclerosis pill.
  
  
• Gulf Resources, Inc. (Nasdaq: GFRE) low of $3.81. Off over 9 percent today, Gulf Resources is trading at levels not seen since March 2009. Gulf Resources is also notably trading the opposite of peer Albemarle (NYSE: ALB) today, Albemarle up about 4.4 percent. Investors may be waiting for Gulf Resources to gain better bromine prices moving forward.

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