52-Week High & Low Stocks: STMP, WETF, BMY, BAMM, FRO
Monday, August 29, 2021 1:49 PM



Several stocks recorded a new 52-week high/low during the day’s trading when the US market traded in a healthy note. Some notable stocks are discussed here.

Stamps.com Inc. (Nasdaq: STMP) recorded a new 52-week high of $19.07 today, with a trading volume of more than 391 thousand shares. The company announced its new integration with Teapplix, an e-commerce solution that imports orders from multiple marketplaces into one web page, facilitates shipping and exports sales data into QuickBooks(R) accounting software. Shares of Stamps.com jumped 10.49 percent or $1.75 to trade at $18.43.

Wisdomtree Investments, Inc. (Nasdaq: WETF) hit a new all-time high of $9.60 with a trading volume of more than 386 thousand shares. The former has won permission to launch ETFs tied to their own benchmarks. Shares of Wisdomtree gained 4.68 percent or 42 cents to trade at $9.40.

Bristol-Myers Squibb Co. (NYSE: BMY) recorded a new all-time high of $29.40 today, with a trading volume of more than 4.87 million shares. Analysts at Bank of America raised the stock’s price target to $32, an 11 percent upside to its Friday’s closing price of $28.72. Shares of BMY gained 2.02 percent or 58 cents to trade at $29.30.

Books-A-Million Inc. (Nasdaq: BAMM) hit a new 52-week low of $2.32 today, with a trading volume of more than 22 thousand shares. It has reached an agreement with Borders Group Inc. in which the latter would sell 14 bookstores and specialty stores to Books-A-Million for a deal worth $934 thousand. Shares of Books-A-Million gained 7.76 percent or 18 cents to trade at $2.50.

Frontline Ltd. (NYSE: FRO) recorded a new all-time low of $6.10 with a trading volume of more than 1.86 million shares. Equities research analysts at FBR Capital lowered their price target of Frontline to $8 from $28. Shares of Frontline gained 6.48 percent or 42 cents to trade at $6.90.

 


 

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