Stocks Hitting 52-Week Highs

Windstream Holdings WIN shares reached a new 52-week high of $12.864 after the company announced its plans to spin off assets into publicly traded REIT. MicroStrategy MSTR shares touched a new 52-week high of $154.14 on Q2 results. JMP Securities upgraded MicroStrategy from Market Perform to Market Outperform. Cognex CGNX shares surged 17.96% to touch a new 52-week high of $44.59 after the company reported better-than-expected quarterly results and issued a strong Q3 revenue outlook. Level 3 Communications LVLT shares gained 5.74% to touch a new 52-week high of $47.49 after the company reported better-than-expected Q2 results.