New Highs for Altria, Marvel and Discovery Comm. Shares (MO, MVL, DISCA)
The Dow has gained 150+ points today for a new 2009 high and along for the ride are new 52-week highs for shares of Discovery Communications (NASDAQ:DISCA), Altria Group (NYSE:MO), and Marvel Entertainment, Inc. (NYSE:MVL).
Discovery Communications (NASDAQ:DISCA) hit $31.49 a share today. Discovery raised its EBITDA guidance on Nov 3rd but was only cautiously optimistic about 4Q and early 2010 ad sales. The company still managed to report Q3 2009 revenues of $854 million, EBITDA of $364 million, and EPS of 22 cents.
Altria Group (NYSE:MO) shares peaked at $19.48 today and in the last 3 months its stock has increased 10.54%. Back on Oct 28th theStockMasters.com wrote Altria's (MO) Share Price is Marlboro Man Cool when shares were at $18.20.
Marvel Entertainment, Inc. (NYSE:MVL) shares reached $52.54 despite the fact that Disney (NYSE:DIS) is going to buy out the company for about $4 billion, or $50 per Marvel share. Congrats Marvel longs.