The number of names making new highs continues to dry up. In yesterday's trading, we only saw two names, shown below. Of the two names, GAME received a take private offer that valued company at least 15% higher than the previous close. The second name, CLFD, announced earnings that beat the street by $0.01, as order backlogs more than doubled over the year ago period. The stock looks like a momentum play in my opinion.
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