Jan 23, 2014

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Stocks Flying High: Logitech International SA (USA) (NASDAQ:LOGI), Netflix, Inc. (NASDAQ:NFLX), Hemispherx BioPharma, Inc (NYSEMKT:HEB), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA)

Stocks Flying High: Logitech International SA (USA) (NASDAQ:LOGI), Netflix, Inc. (NASDAQ:NFLX), Hemispherx BioPharma, Inc (NYSEMKT:HEB), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA)

Logitech International SA (USA) (NASDAQ:LOGI) made a new 52-week high of $15.73 today after the computer interface devices maker announced better-than-expected profit for the third quarter. Logitech International reported a profit of $48.50 million or $0.30 per share for the quarter, versus a loss of $195.33 million or $1.24 per share, one year ago. Analysts surveyed by Thomson Reuters predicted a profit of $0.18 per share.

Netflix, Inc. (NASDAQ:NFLX) jumped 17.10 percent to $390.80 in the current trading session after the world’s largest video streaming company reported that it added roughly 2.3 million customers in the U.S during the fourth quarter. Netflix shares are trading in the range of $377.49 to $395.63 today. The company has a market capitalization of $23.20 billion and P/E ratio of 211.10.

Hemispherx BioPharma, Inc (NYSEMKT:HEB) rose 12.33 percent to $0.517 today on volume of 8.25 million shares. The 52-week range of the stock is $0.18 to $0.55. Hemispherx shares increased more than 29 percent in the past five days that brought the pharmaceutical company under the focus of investors. The company has a market capitalization of $86.91 million.

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) jumped 7.15 percent to $7.19, on volume of 24.83 million shares, in the current trading session. The intra-day range of the stock is $7.05 to $7.43. Ariad Pharmaceuticals is a global oncology firm engaged in the development and commercialization of drugs for cancer patients. The company has a market capitalization of $1.36 billion.

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