Bullish USA Stocks That Have Surged To New 52 Week High: $NIE $HOFT $TGTX

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AllianzGI Equity & Convertible Income FD Declares Dividend Payment Of $5.4767

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AllianzGI Equity & Convertible Income FD (NYSE:NIE) hit a new 52-week high of $25.80. the company has declared a dividend payment of $5.4767 per share which is an increase of $1.5859 from its last dividends. The dividends were paid on September 2, 2020, to shareholders who were on record as of September 1, 2020.

The company has reached its first close in the global infrastructure fund after hitting a commitment of EUR600 million from institutional clients. Allianz Capital Partners which is the group's investment specialist manages the strategy commonly known as Allianz Global Diversified Infrastructure Equity Fund. The fund was launched in 2019 with an initial fund size target of EUR900 million.

Hooker Furniture To Report Fiscal Q2 2021 Results On September 3

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Hooker Furniture Corporation (NASDAQ:HOFT) also surged to a new 52-week high of $26.94. The company has indicated that it will present fiscal Q2 2021 results through a conference call and webcast on September 3, 2020. The quarter began on May 4, 2020, until August 2, 2020.

Ahead of the announcement analysts are expecting the company to post earnings of $0.34 per share in the revenue of around $153.17 million. In the second quarter a year ago the company reported EPS of $0.35 on sales of around $152.25 million. If the results to be reported on September 3, will be in line with estimates then the company will have a 2.86% drop in profit in the quarter.

TG Therapeutics Announces Q2 2020 Result

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Another bullish looking stock is TG Therapeutics Inc (NASDAQ:TGTX) which has surged to a new 52-week high of $27.24. The company has announced its Q2 2020 results in which it reported a loss of $52.9 million or $0.47 per share compared to a net loss of $36.2 million a year ago. For the 1H 2020, the company has a net loss of $104 million compared to $71.4 million in 1H 2019. Excluding non-cash compensation, the company had a net loss of $45.5 million and $85.6 million in Q2 2020 and 1H 2020 respectively.

At the end of the quarter, the company had cash and cash equivalents and investments of $275.6 million

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