Stocks hitting new 52 week highs on February 28 are Knology, Inc, ChipMOS TECHNOLOGIES (Bermuda) LTD, Domino's Pizza, Inc, priceline.com Incorporated, and Jive Software, Inc. Investors are buying the stock and pushing it higher because they may think that these stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.
Shares of Knology, Inc (KNOL) had a total return adjusted 52 week high today of $16.23 per share and are currently trading at $17.67. The stock traded higher by 11.76% or $1.86/share to $17.67. The stock recorded a trading volume of 637012 today. This represents 8.4 times the average volume for Knology, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of ChipMOS TECHNOLOGIES (Bermuda) LTD (IMOS) had a total return adjusted 52 week high today of $12.06 per share and are currently trading at $13.42. The stock traded higher by 11.28% or $1.36/share to $13.42. The stock recorded a trading volume of 623137 today. This represents 11.42 times the average volume for ChipMOS TECHNOLOGIES (Bermuda) LTD. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Domino's Pizza, Inc (DPZ) had a total return adjusted 52 week high today of $35.30 per share and are currently trading at $37.60. The stock traded higher by 12.10% or $4.06/share to $37.60. The stock recorded a trading volume of 3352888 today. This represents 8.95 times the average volume for Domino's Pizza, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of priceline.com Incorporated (PCLN) had a total return adjusted 52 week high today of $596.99 per share and are currently trading at $634.72. The stock traded higher by 7.30% or $43.18/share to $634.72. The stock recorded a trading volume of 2136450 today. This represents 4.61 times the average volume for priceline.com Incorporated. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Jive Software, Inc (JIVE) had a total return adjusted 52 week high today of $21.29 per share and are currently trading at $21.38. The stock traded higher by 2.20% or $0.46/share to $21.38. The stock recorded a trading volume of 593657 today. This represents 1.59 times the average volume for Jive Software, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
