52-Week High & Low Stocks: AAPL, AKRX, BMY, NFLX, CX, SCOK
Tuesday, September 20, 2021 2:11 PM



As the US market slowly crawled back to normalcy, several stocks recorded a new 52-week high/low. Some notable stocks are discussed here.

 

Apple Inc. (Nasdaq: AAPL) recorded a new 52-week high of $418.20 today, with a trading volume of more than 4.24 million shares. The technology giant has launched an online store in the United Arab Emirates as the company moves to ramp up sales in fast-growing emerging markets. Shares of Apple gained 1.40 percent or $5.75 to trade at $417.38.

 

Akorn, Inc. (Nasdaq: AKRX) hit an all-time high of $9.38 with a trading volume of more than 63 thousand shares today. Analysts at Piper Jaffray raised the stock’s price target to $11 from $10 and kept their Overweight rating on the stock. Shares of Akorn added 0.22 percent or 2 cents to trade at $9.21.

 

Bristol-Myers Squibb Co. (NYSE: BMY) reached a new 52-week high of $30.93 today, with a trading volume of more than 998 thousand shares. Analysts at Jefferies raised its rating on Bristol-Myers to Buy from Hold and lifted its price target to $35 from $27. Shares of BMY were up 0.20 percent or 6 cents to trade at $30.78.

 

Netflix, Inc. (Nasdaq: NFLX) slipped to a new all-time low of $131.10 today, with a trading volume of more than 14 million shares. The company recorded fallout amidst reports that it plans to split its business into distinct units, an online streaming-video service that will keep the Netflix name and a new brand called Qwikster for its traditional DVD-by-mail rental service. Shares were down 6.91 percent or $9.93 to trade at $133.82.

 

Cemex SAB de CV (NYSE: CX) recorded a 52-week low of $4.45 today, with a trading volume of more than 6.7 million shares. Equities research analysts at HSBC downgraded the shares rating of Cemex to Underweight from Neutral yesterday. They lowered the stock’s price target to $3.40, down from $8.20. Shares of Cemex lost 1.30 percent or 6 cents to trade at $4.54.

 

SinoCoking Coal and Coke Industries, Inc. (Nasdaq: SCOK) fell to a new all-time low of $2.81 today, with a trading volume of more than 255 thousand shares. In its fiscal 2011 Q4, the company recorded a sharp decline in its net income to $14.27 million, or 68 cents per diluted share, from $64.52 million, or $3.08 per diluted share in the corresponding quarter of FY2010. Shares tumbled 10.26 percent or 36 cents to trade at $3.15.


 

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