Stockpickr Lists: Google Tops
Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have made new highs, lows or seen other unusual activity.
:
(GOOG) - Get Report
finished trading on Tuesday at a 52-week high of $518.84. Shares rose $11.77, or 2.3%, after the company and
Salesforce.com
(CRM) - Get Report
reached an agreement that will allow Salesforce.com customers to distribute their online ads through Google.
:
Graham
(GHM) - Get Report
reported a 31% increase in fourth-quarter sales for its heat transfer technology. Net income shot up to $3.4 million, compared with $1 million last quarter. The report sent shares soaring up 27%, or $4.82, to close at $23.02.
:
Inovio Biomedical
(INO) - Get Report
plunged 36% after the San Diego-based biomedical company announced it will stop enrolling patients in two late-stage head and neck cancer studies using its drug-delivery technology, noting safety and effectiveness concerns. Shares dropped $1.23 to close at $2.20.
: New York-based
Cache
(CACH)
fell 12%, or $1.98, to a 52-week low of $14.26. The woman's apparel retailer fell short of expectations and cut full-year guidance, sparking the collapse.
:
Sierra Wireless
(SWIR) - Get Report
soared to its highest point since August 2004, after CIBC World Markets lifted the company's rating to sector outperform from sector perform. Shares of the Canadian wireless modem maker gained $2.58, or 12%, and traded at 352% of normal volume.
Stocks with Unusual Option Activity
: Aluminum producer
Alcoa
(AA) - Get Report
was experiencing unusual options activity. Alcoa shares traded down 40 cents, or 1%, to $40.59.
: In a letter to
TD Ameritrade's
(AMTD) - Get Report
board, hedge funds Jana Partners and S.A.C. Capital revealed they think the company could grow its value by acquiring rivals, such as
E-Trade
(ETFC) - Get Report
or
Charles Schwab
(SCHW) - Get Report
.
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(BA) - Get Report
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