InvestorsObserver
×
News Home

124 Stocks Hit Highs Wednesday; Airlines Rally

Wednesday, October 07, 2020 02:42 PM | Nick Dey

Mentioned in this article

124 Stocks Hit Highs Wednesday; Airlines Rally

During trading Wednesday, 124 stocks traded to a 52-week high, while 7 stocks bottomed out at new 52-week lows. The S&P 500 is up 1.8% on the day so far. Stocks are rallying today on revived hopes for a stimulus deal of some sorts. President Donald Trump tweeted support for a piecemeal approach to get money to the airlines and small businesses, as well as another round of stimulus checks to taxpayers. House Speaker Nancy Pelosi expressed potential openness to an airline stimulus package, but not the $1,200 stimulus checks saying they are insufficient to address the country’s challenges.

The following stocks traded to 52-week highs:

A, AAON, ALXN, AME, AMRC, AOSL, APAM, APPN, AVTR, AWK, BE, BIO, BL, BLL, BPMC, BYND, CBAY, CHRW, CLAR, CMI, CRL, CROX, CSIQ, CSTL, DAR, DE, DECK, DFIN, DHR, EGAN, EIDX, ELF, ENPH, ENTG, ESTC, ETN, EXPI, FATE, FDX, FELE, FIVN, FIX, FRPT, FTV, GGG, GLW, GNRC, GPI, GPS, GWW, HASI, HBI, HIBB, HVT, IAA, IBP, ICLR, IIPR, IRTC, JOE, KURA, LAD, LHCG, LOB, LPRO, LQDT, MATX, MOH, MPWR, MRTX, MRVL, NEP, NFE, NTRA, NUAN, NVCR, NVTA, OCUL, PAG, PLUG, PNR, PODD, PSNL, PWR, QGEN, QTRX, RARE, REGI, RGEN, ROCK, ROKU, RUSHA, SAIA, SCPL, SEDG, SEE, SHYF, SNX, SPWR, SQ, STC, STNE, TCS, TEL, TGH, TGTX, TMO, TNDM, TPIC, TPTX, TT, TTC, TTD, TWLO, TWST, UPS, UPWK, URI, VCYT, VSLR, WHR, WMS, WOR, ZEN

The following Stocks traded to 52-week lows:

AHT, BTU, CVIAQ, NEBLQ, OAS, TLRDQ, XOGAQ

Healthcare: A, ALXN, BIO, BPMC, CBAY, CRL, CSTL, DHR, EIDX, FATE, ICLR, IRTC, KURA, LHCG, MOH, MRTX, NTRA, NVCR, NVTA, OCUL, PODD, PSNL, QGEN, QTRX, RARE, RGEN,

Healthcare stocks dominated our list of highs today with 26 out of the 124 total stocks that reached their high coming from the Healthcare sector. The Healthcare sector is up 1.5% so far Wednesday while the S&P 500 is up 1.8%. EIDX is at highs ahead of the company’s upcoming merger with BBIO. Meanwhile, QTRX is up following a licensing agreement with ABT.

Industrials: AAON, AME, AMRC, BE, CHRW, CMI, DE, ETN, FDX, FELE, FIX, GGG, GNRC, GWW, IAA, IBP, MATX, PLUG, PNR, PWR, ROCK, SAIA, SHYF,

The Industrials sector had the second largest presence on our 52-week highs, with 23 out of 124 highs coming from the Industrials sector. The Industrials sector is up 1.66% so far Wednesday while the S&P 500 1.8% FDX rose to highs today following President Trump’s tweets supporting stimulus for the airline industry. GNRC, a backup power company, reached highs in anticipation of Hurricane Delta’s landfall in the Gulf Coast. Additionally, IAA is at highs following being awarded a patent for an “Automatic dispatch system for tow service providers” by the US Patent and Trademark Office.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App