NASDAQ Stocks Hitting 52-Week Highs (FOSL, ADAM, QLIK, HOOK)
Fossil Inc (NASDAQ: FOSL) shares reached $48.39 to create a new 52-week high, before falling to $48.19, representing a 4.73% gain. The board of FOSL has approved a $750 million stock repurchase plan.
ADAM Inc (NASDAQ: ADAM) shares jumped 76.66% to touch a new 52-week high of $5.60. Ebix Inc (NASDAQ: EBIX) has entered into a merger agreement to acquire ADAM on a debt-free basis for $66 million.
Qlik Technologies Inc (NASDAQ: QLIK) shares reached $19.50 to create a new 52-week high, before falling to $19.41, representing a 6.41% gain. Analysts at Stifel Nicolaus initiated coverage of QLIK with a “buy” rating.
Craft Brewers Alliance Inc (NASDAQ: HOOK) shares gained 9.23% to create a new 52-week high of $7.10. Market is speculating of the possible acquisition of HOOK by Anheuser-Busch Inbev SA (NYSE: BUD).
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