Notable 52-Week Highs and Lows of the Day 11/12: (GILD) (TSM) (MYL) High; (JCP) (STSI) (LNET) Low

November 12, 2012 1:55 PM EST
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:
  • Gilead Sciences Inc. (Nasdaq: GILD) $73.25. Gilead iussed an interim update from its continuing Phase 2 ELECTRON study examining a 12-week course of therapy with the investigational nucleotide sofosbuvir (formerly referred to as GS-7977), the NS5A inhibitor GS-5885 and ribavirin in patients with genotype 1 chronic hepatitis C virus (HCV) infection.

    Among treatment-naïve patients receiving this combination, 100 percent (n=25/25) remained HCV RNA undetectable four weeks after completing therapy.

  • Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) high of $16.59. Taiwan Semi higher after Goldman Sachs upgraded the stock from Neutral to Conviction Buy with a price target of $19. For more color on the move, click here.

  • Mylan, Inc. (Nasdaq: MYL) high of $26.55. Mylan making a strong move above the $26.25 level today on volume. The mark was a resistance point over the last several sessions for Mylan. Shares have been on a strong run since reporting third-quarter results on October 25th.
52-Week Low:
  • J. C. Penney Co. (NYSE: JCP) low of $18.25. J.C. Penney lower as S&P made a late-day downgrade last Friday and Credit Suisse also cut its rating to Underperform today. For more color on recent actions, click here.

  • Star Scientific, Inc. (Nasdaq: STSI) low of $1.80. Star reported improved revenue and net income in its most recent quarter, but it still produced a pro-forma loss of 5 cents per share, which was flat with results in the same period last year.

  • LodgeNet Interactive (Nasdaq: LNET) low of $0.14. LodgeNet filed a 10-Q late last Friday. In part, the 10-Q had LodgeNet entering deferment on debt payments to vendors.

  • Molycorp, Inc. (NYSE: MCP) low of $6.61. Molycorp down again after falling 13.6 percent last Friday on disclosure of a formal U.S. SEC investigation regarding the accuracy of the Company's public disclosures and other items. Shares fell about 12 percent on Monday's session.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Credit Suisse, Standard & Poor's