Stocks hitting new 52 week highs on May 9 are Interval Leisure Group, Inc, Arena Pharmaceuticals, Inc, Cost Plus Inc, Tangoe, Inc, and Susser Holdings Corporation. 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 Interval Leisure Group, Inc (IILG) had a total return adjusted 52 week high today of $17.90 per share and are currently trading at $19.55. The stock traded higher by 11.46% or $2.01/share to $19.55. The stock recorded a trading volume of 427451 today. This represents 6.83 times the average volume for Interval Leisure Group, 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 Arena Pharmaceuticals, Inc (ARNA) had a total return adjusted 52 week high today of $3.49 per share and are currently trading at $3.64. The stock traded higher by 6.43% or $0.22/share to $3.64. The stock recorded a trading volume of 17435586 today. This represents 5.05 times the average volume for Arena Pharmaceuticals, 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 Cost Plus Inc (CPWM) had a total return adjusted 52 week high today of $20.06 per share and are currently trading at $21.88. The stock traded higher by 21.62% or $3.89/share to $21.88. The stock recorded a trading volume of 9172154 today. This represents 97.61 times the average volume for Cost Plus 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 Tangoe, Inc (TNGO) had a total return adjusted 52 week high today of $21.74 per share and are currently trading at $22.81. The stock traded higher by 18.19% or $3.51/share to $22.81. The stock recorded a trading volume of 1112468 today. This represents 5.91 times the average volume for Tangoe, 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 Susser Holdings Corporation (SUSS) had a total return adjusted 52 week high today of $28.45 per share and are currently trading at $29.22. The stock traded higher by 3.18% or $0.90/share to $29.22. The stock recorded a trading volume of 188512 today. This represents 4.31 times the average volume for Susser Holdings Corporation. 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.
