Stocks Hitting 52-Week Highs

Columbia Sportswear Company COLM shares touched a new 52-week high of $89.19 after the company announced its plans to purchase prAna lifestyle apparel brand in a $190 million cash transaction. Pepco Holdings POM shares surged 17.49% to reach a new 52-week high of $26.78 after Exelon EXC announced its plans to buy Pepco for $6.83 billion. Level 3 Communications LVLT shares touched a new 52-week high of $41.49 after the company reported upbeat quarterly results. Energizer Holdings ENR shares reached a new 52-week high of $114.88 after the company announced its plans to split into 2 companies.