Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have made new highs, lows or seen other unusual activity.

Rising on Unusual Volume

:

Color Kinetics

( CLRK) shares soared 13% after agreeing to be bought out by

Philips Electronics

(PHG) - Get Report

for $688 million. The offer for Boston-based Color Kinetics sparked daily trading over 10 times average volume. The LED maker closed Tuesday up $3.86 to $33.65.

52-Week Highs

: Shares of Color Kinetics also reached a 52-week high.

Biggest % Gainers

:

MDI

( MDII) soared 36% Tuesday, after the security-technology company confirmed a partnership with

Nortel

( NT). The deal allows MDI to have its products sold with Nortel networking packages through Learn Safe, a school-security program. MDI shares gained 44 cents to $1.65.

Biggest % Losers

: After athletic-footwear retailer

Finish Line

(FINL)

acquired

Genesco

(GCO) - Get Report

for $1.5 billion Tuesday, shares tumbled 9%. In other bad news, Finish Line was downgraded by B. Riley & Co. to neutral from buy. Shares closed down $1.06 at $10.47.

52-Week Lows

: Office furniture and fixtures company

Leggett & Platt

(LEG) - Get Report

fell 6.3% after it reported lower second-quarter earnings and cut revenue guidance. The company expects a slow second half of the year, noting weak markets and a lack of "a major catalyst that will appreciably increase demand." Shares traded down $1.49 to reach a 52-week low of $22.08.

Stocks with Unusual Option Activity

:

Enbridge Energy Partners

(EEP)

was experiencing unusual option activity. Shares added 33 cents to $56.01.

Latest Activist Situations

: Chapman Capital demanded that

Vitesse Semiconductor

(VTSS)

immediately schedule a meeting of shareholders to elect new directors. Chapman, which owns a 5.3% stake in the company, also demanded that Jim Cole, head of Vitesse's Corporate Governance Committee, resign from the board immediately. The stock traded down 2 cents, closing at $1.18.

Forum of the Day

OptionsMonster opens discussion on

General Electric

(GE) - Get Report

.

Do You Know the Answer?

How will

Sears

(SHLD)

be affected by Eddie Lampert raising more money?

richard 1945 asks.

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