52-Week High & Low Stocks: HK, IDSY, PMC, MS, AIG
Tuesday, August 23, 2021 1:52 PM

As the US stock indexes maintained their upward journey, several stocks recorded a new 52-week high/low. Some notable stocks are discussed here.

Petrohawk Energy Corp. (NYSE: HK) recorded a new 52-week high of $38.75 today, with a trading volume of more than 1.08 million shares. Mining giant BHP Billiton has sealed its $12.1 billion of Petrohawk, just days before it is expected to report of record-breaking profits. Shares of Petrohawk added 0.10 percent or 4 cents to trade at $38.75.

I.D. Systems Inc. (Nasdaq: IDSY) hit a new all-time high of $5.94 with a trading volume of 442 thousand shares. The company signed an exclusive agreement with Avis Budget Group to deploy new generation of wireless vehicle rental technology. Shares of I.D. Systems jumped 12.16 percent or 59 cents to trade at $5.44.

Pharmerica Corp. (NYSE: PMC) recorded a new all-time high of $14.80 today, with a trading volume of more than 3.6 million shares. The company confirmed that it previously received and rejected an unsolicited conditional proposal from Omnicare Inc. to acquire PharMerica for $15 per share in cash. Shares of Pharmerica jumped 31.38 percent or $3.43 to trade at $14.36.

Morgan Stanley (NYSE: MS) hit a new all-time low of $15.21 today, with a trading volume of more than 10.93 million shares. The company announced the redemption of variable maturity notes due 2018 and 2023, having maturity values of $12 million, and $2 million, respectively. Shares added 0.89 percent or 14 cents to trade at $15.81.

American International Group, Inc. (NYSE: AIG) slipped to a new 52-week low of $21.46 today, with a trading volume of more than 2.56 million shares. The company is asking a federal district court in New York to dismiss a huge-class action lawsuit filed against it by people who lost money investing in the company during the years leading up to its bailout by the federal government. Shares of AIG added 3.12 percent or 68 cents to trade at $22.47.