Stocks Hitting 52-Week Highs

Fabrinet FN shares gained 13.59 percent to reach a new 52-week high of $28.50 after the company reported stronger-than-expected quarterly results. LoJack Corporation LOJN shares climbed 19.54 percent to touch a new 52-week high of $6.41 as CalAmp Corp. CAMP announced plans to acquire LoJack for $6.45 per share in cash, in a deal valued at around $134 million. Oclaro, Inc. OCLR shares reached a new 52-week high of $3.75. Oclaro is expected to post its quarterly earnings after the closing bell. Integrated Electrical Services, Inc. IESC shares touched a new 52-week high of $12.90. Integrated Electrical Services shares have gained 74.41 percent over the past 52 weeks, while the S&P 500 index has dropped 5.40 percent in the same period.