Close

Notable 52-Week Highs and Lows of the Day 03/08: (RAD) (AEO) (LOW) High; (DYN) (ZLTQ) (SIGM) Low

March 8, 2012 3:16 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:
  • Rite Aid Corp. (NYSE: RAD) high of $1.81. Rite Aid moving higher on strong sales numbers Thursday. For the month of February, comps rose 3.1 percent with a 2.3 percent in gain in sales to $2.551 billion.

    Comps for the quarter ended March 3rd rose 3.0 percent, while comps for the year ended March 3rd increased 2.0 percent. Rite Aid reported sales for the year end at $26.019 billion, above Street views calling for $25.96 billion.

  • American Eagle Outfitters, Inc. (NYSE: AEO) high of $16.43. Teen clothing retailer American Eagle Outfitters reported in-line fourth-quarter results early Wednesday morning. The company got an upgrade at Goldman Sachs and Normura Thursday morning.

  • Lowe's Companies, Inc. (NYSE: LOW) high of $29.44. Lowe's and other homebuilders seeing more upside following data from Hovnanian Enterprises (NYSE: HOV), which said new orders increased 27 percent for its first-quarter while orders in February ramped 38 percent. Shares up about 2 percent to the high Thursday.

  • Coach, Inc. (NYSE: COH) high of $78.22. Earlier in the session, Coach made a presentation at the Bank of America Merrill Lynch Consumer and Retail Conference in New York City and Stifel Nicolaus analyst also issued some encouraging words. For more color, click here.

    Coach shares up 10.7 percent to the new high today.
52-Week Low:
  • Dynegy Inc. (NYSE: DYN) low of $1.13. Earlier, Dynegy reported a fourth-quarter loss of $1.29 per share, which was $1.13 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $238 million versus the consensus estimate of $572.62 million.

    The Company also said, "A hearing to approve Dynegy Holdings’ Disclosure Statement is scheduled for Monday, March 12, 2012. Once the Disclosure Statement is approved, Dynegy will begin soliciting consents from creditors on the proposed Plan of Reorganization."

  • ZELTIQ Aesthetics, Inc. (Nasdaq: ZLTQ) low of $5.67. ZELTIQ is continuing lower following fourth-quarter results and fiscal 2012 guidance on Tuesday. Shares plunged nearly 34 percent on that day, and another 11 percent on Wednesday.

  • Sigma Designs (Nasdaq: SIGM) low of $4.86. Sigma Designs reported a fourth-quarter loss of 43 cents per share on revs of $35.6 million, compared with Street expectations calling for a loss of 30 cents and revs of $37.8 million. Shares moved 11.2 percent to the new low.


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

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Stifel