Notable 52-Week Highs and Lows of the Day 02/14: (LPSN) (RAX) (RAD) High; (AEM) (DMND) Low
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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:
52-Week High:
- Rite Aid Corp. (NYSE: RAD) high of $1.64. In one of the more unusual moves today, Rite Aid made a mid-day jump higher -- just over 12 percent -- to its new mark on volume of about 2.2 million. Shares have firmly held above the $1.55 level following the move.
- Rackspace (NYSE: RAX) high of $56.94. Continuing with the "R A [consonant]" stock ticker theme Tuesday, Rackspace is making strong contention for second place. After the market closed Monday, Rackspace reported EPS of 18 cents and revs of $283 million, versus consensus views calling for EPS of 15 cents and revs of $281 million. Shares ripped 15.7 percent to the new mark.
- LivePerson, Inc. (Nasdaq: LPSN) high of $15.33. Investors celebrate following fourth-quarter numbers out of LivePerson. After the market closed Tuesday, LivePerson reported earnings of 10 cents and revs of $36.5 million, compared with views calling for earnings of 9 cents and revs of $36.8 million.
Shares were up as much as 21.8 percent on the session.
- Valspar Corp. (NYSE: VAL) high of $47.61. Ahead of the market Tuesday, Valspar reported first-quarter earnings of 62 cents per share on revenue of $885.6 million, versus views calling for EPS of 48 cents and revs of $905.6 million.
Looking ahead, Valspar sees fiscal 2012 EPS of $2.92 to $3.12, versus the consensus of $3.01.
- Agnico-Eagle Mines (NYSE: AEM) low of $33.67. Along with other miners, Agnico-Eagle giving up some gains as gold recedes. Shares are about half of what they were last September, when the stock topped $70 per share.
- Diamond Foods, Inc. (Nasdaq: DMND) low of $21.41. Diamond shares have seemed to bottom since the company said 2010 and 2011 financial statements will need to be redone following improper walnut payments. With the overall market lower on the session, could this be a turnaround for Diamond, or will there still be plenty of fallout left in the shares?
Shares fell over 40 percent from a close of $36.66 last Wednesday.
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