Stocks hitting new 52 week highs on May 2 are La-Z-Boy Inc, Wright Medical Group Inc, IAC/InterActiveCorp, Lululemon Athletica Inc, and Toll Brothers 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 La-Z-Boy Inc (LZB) had a total return adjusted 52 week high today of $15.78 per share and are currently trading at $16.09. The stock traded higher by 5.72% or $0.87/share to $16.09. The stock recorded a trading volume of 464924 today. This represents 2.02 times the average volume for La-Z-Boy 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 Wright Medical Group Inc (WMGI) had a total return adjusted 52 week high today of $19.87 per share and are currently trading at $20.59. The stock traded higher by 9.87% or $1.85/share to $20.59. The stock recorded a trading volume of 680948 today. This represents 5.08 times the average volume for Wright Medical 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 IAC/InterActiveCorp (IACI) had a total return adjusted 52 week high today of $51.05 per share and are currently trading at $48.42. The stock fell by 0.65% or $-0.32/share to $48.42. The stock recorded a trading volume of 3733228 today. This represents 8.38 times the average volume for IAC/InterActiveCorp. 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 Lululemon Athletica Inc (LULU) had a total return adjusted 52 week high today of $77.13 per share and are currently trading at $78.85. The stock traded higher by 3.68% or $2.80/share to $78.85. The stock recorded a trading volume of 2025846 today. This represents 2.42 times the average volume for Lululemon Athletica 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 Toll Brothers Inc (TOL) had a total return adjusted 52 week high today of $26.22 per share and are currently trading at $26.83. The stock traded higher by 3.41% or $0.88/share to $26.83. The stock recorded a trading volume of 5779481 today. This represents 3.91 times the average volume for Toll Brothers 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.
