Notable 52-Week Highs and Lows of the Day 08/01: (MPEL) (JAZZ) (CROX) High; (SUNH) (TEVA) (HCA) 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:

• Melco Crown Entertainment Ltd. (Nasdaq: MPEL) high of $16.15. Melco is seeing a boost from Macau "Games of Fortune" numbers today, with revenues in the region increasing 48 percent in July from the same period last year. Melco primarily does business in Macau, while U.S. competitors like Las Vegas Sands (NYSE: LVS) and Wynn Resorts (Nasdaq: WYNN) are showing an increasing presence in the region.
  
  
• Jazz Pharmaceuticals, Inc. (Nasdaq: JAZZ) high of $43.60. Jazz received an upgrade at Jefferies from Hold to Buy today, its price target moved from $29 to $52.
  
  
• CROCS Inc. (Nasdaq: CROX) high of $32.47. Crocs started strong today, until ISM data hit, taking the wind out of U.S. markets. The company reported solid second-quarter numbers last Wednesday, sending shares up over 17 percent at the end of the week.
  
  
• Deckers Outdoor Corp. (Nasdaq: DECK) high of $101.26. Deckers is also on an earnings run. Though the company reported a loss in the quarter, is was narrower than expected Additionally, strong guidance boosted investor confidence. Shares made a modest move higher today, about two percent to the new mark, after ripping 7.2 percent last Friday.

52-Week Low:

• Sun Healthcare Group Inc. (Nasdaq: SUNH) low of $3.00. Sun Healthcare, along with many peers in the industry, is trading lower after CMS issued final FY12 payment update on Friday that cuts Medicare SNF rates by 11.1 percent on October 1, 2011. Sun was downgraded at Credit Suisse, Oppenheimer, RBC Capital, and Morgan Keegan today. Sun dropped 57 percent to its new low.
  
  
• Teva Pharmaceutical Industries Limited (Nasdaq: TEVA) low of $43.00. Teva moved about 7.8 percent to its low today, following reports that its Phase III BRAVO trial reinforce unique profile. The company said the primary endpoint was not achieved, citing results of laquinimod for multiple sclerosis.
  
  
• HCA Inc. (NYSE: HCA) low of $23.53. HCA is moving on Sun Healthcare news. The stock fell 11.8 percent to its new low, with nearly triple the volume.
  
  
• Standard Pacific (NYSE: SPF) low of $2.76. Though Standard Pacific saw initial buying following a UBS upgrade from Neutral to Buy, overall market pressure took over following economic data. Standard dropped nearly six percent last Friday following a second-quarter earnings miss.

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