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Tuesday, June 24, 2014

Micron, Advance Auto Nail New Highs As Market Slips



Investor's Business Daily - Investing RSS http://feedproxy.google.com/~r/InvestingRss/~3/nJCfs4LHDOA/062414-706093-leading-stocks-hit-new-highs-despite-tough-market.htm Despite a tough day on the market, a number of leading stocks strengthened their charts by moving to new highs. Illinois-based drugmaker Akorn (AKRX) rallied 1.23, or 4%, to 30.96 in strong trade. The gain hoisted the stock to 23% above a 25.19 buy point. The stock popped 6% Friday on news it was divesting its ECR Pharmaceuticals subsidiary to Valeant Pharmaceuticals (VRX) for $41 million in cash. Akorn cleared a cup-with-handle base in late


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