Here’s one stock hitting a 52-week high and one finding a 52-week low today:
New High: AFLAC
Shares of AFLAC (NYSE:) have been climbing steadily since a low in early June and a slight gain today has the stock sitting at a new 52-week high. You can snatch up the stock for $53.81 per share now — a 25% year-to-date gain.
The upwards movement boosted AFLAC’s market cap to more than $25 billion this week, giving it the #121 spot on the list of S&P 500 components over Exelon Corp. (NYSE:).
Plus, the company also confirmed its Q4 and full-year guidance . It expects operating earnings between $1.46 and $1.51 per share for the current quarter, and between $6.58 and $6.63 for the year.
AFLAC is scheduled to report earnings on Jan. 29 of next year. In the third quarter, it beat estimates by 11 cents per share.
New Low: Youku Tudou
Youku Tudou (NASDAQ:), on the other hand, missed on quarterly earnings by 11 cents late last month, but enjoyed a 94% gain in revenue. The recently merged Chinese online video company is in the red nearly 3% this morning, though, with many pointing to the controversy over Chinese auditing fraud that took place earlier in the week.
Youku was just one of many Chinese Internet companies
. Chinese search engine Baidu (NASDAQ:), for one, also fell, but competition from smaller rival Qihoo (NASDA:) may be to blame.
Youku’s value ran up to nearly $32 in March on news of a movie deal with Lions Gate Entertainment (NYSE:) and of the aforementioned merger. Since then, the shareprice has been more than halved, sitting at under $15 currently and at a new 52-week low. Shares are in the red around 2% for the year.
As of this writing, Alyssa Oursler did not own a position in any of the aforementioned securities.
