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Market Overview

Top 5 Stocks that Touched Their 52-week Highs on November 6 (ABVT, ABX, ACFN, ACV, ADM-PA)

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Abovenet Inc (NYSE: ABVT) shares touched their 52-week high of $53.84 to close at $53.71. ABVT posted its Q3 profits significantly ahead of the consensus expectations. ABVT raised its revenue guidance for FY09.

Barrick Gold Corp (NYSE: ABX) shares touched their 52-week high of $42.26 to close at $41.63. Barrick Gold is gaining from the rally in gold prices, which is the result of weakening dollar.

Acorn Energy Inc (NASDAQ: ACFN) shares touched their 52-week high of $8.00 to close at $7.94. Acorn Energy is poised to acquire the remaining stake in GridSense Systems.

Alberto-Culver Co (NYSE: ACV) shares touched their 52-week high of $27.86 to close at $27.76. ACV posted robust FQ4 results.

Archer Daniels Unit (NYSE: ADM-PA) shares touched their 52-week high of $46.92 to close at $45.37. ADM-PA posted better-than-expected earnings of $0.77 for the latest quarter.

 

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