Lions Gate, Las Vegas, IACI Among Stocks Hitting 52-Week Highs at S&P 1,409
Lions Gate Entertainment (NYSE:LGF): Lions Gate’s stock is rising, ahead of the release of the company’s highly anticipated “Hunger Games” film on Friday, according to Bloomberg. The website Boxoffice.com is predicting that the film will take in $115M in its opening weekend in the U.S. and gross $270M overall in the country, Bloomberg added. In mid-afternoon trading, Lions Gate rose 86c, or 6.51%, to $14.07. The shares closed at $14.25, up $1.04 or 7.87% on the day. They have traded in a 52-week range of $5.76 to $14.46.
Las Vegas Sands (NYSE:LVS): Sands China Ltd., a majority-held subsidiary of global integrated resort developer Las Vegas Sands, announced that Sands Cotai Central, the newest addition to the company’s Cotai Strip development, will officially open on April 11. The opening marks another milestone in the company’s efforts – more than $8B invested to date – to help Macao reach its full potential as an international business and leisure tourism destination. The shares closed at $59.12, up $2.52 or 4.45% on the day. They have traded in a 52-week range of $36.08 to $57.89.
Iac/Interactivecorp (NASDAQ:IACI): IAC announced that Kerry Trainor is joining Vimeo as CEO, beginning Monday, March 26. Dae Mellencamp will continue as President and work closely with Mr. Trainor to drive Vimeo’s ongoing growth. Trainor joins Vimeo from AOL (NYSE:AOL) where he most recently served as Senior Vice President and General Manager, Entertainment for the Huffington Post Media Group. The shares closed at $49.99, up $0.26 or 0.52% on the day. They have traded in a 52-week range of $29.00 to $50.39.
Chipmos Technologies (NASDAQ:IMOS): The CEO of ChipMOS said the company expects consolidated revenues for 2012 will increase by 10% after net revenues on a GAAP basis rose 5.8% for 2011, reported DigiTimes. The shares closed at $19.04, up $2.34 or 14.01% on the day. They have traded in a 52-week range of $4.39 to $17.88.
Iris International (NASDAQ:IRIS): IRIS International announced that its Sample Processing division has initiated commercial shipments of its ThermoBrite Elite Automated Laboratory Assistant instrument for FISH, or fluorescence in situ hybridization, slide preparation. Iris Sample Processing has signed three distribution agreements since the beginning of 2012 for the ThermoBrite Elite, and the first commercial shipment to KREATECH Diagnostics marks the commencement of the product launch. The shares closed at $12.72, up $0.44 or 3.58% on the day. They have traded in a 52-week range of $7.73 to $12.59.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
To contact the reporter on this story: Derek Hoffman at firstname.lastname@example.org
To contact the editor responsible for this story: Damien Hoffman at email@example.com