NASDAQ Stocks Hitting 52-Week Highs (TECD, SONS, NVAX, ATAI)
Tech Data Corporation (NASDAQ: TECD) shares reached $51.60 to create a new 52-week high, before falling to $51.00, representing a 2.86% gain. TECD reported upbeat Q4 results.
Sonus Networks Inc (NASDAQ: SONS) shares gained 26.07% to create a new 52-week high of $3.82. SONS reported better-than-expected Q4 results and issued upbeat 2011 revenue projections.
Novavax Inc (NASDAQ: NVAX) shares surged 28.85% to create a new 52-week high of $3.35. NVAX licensed its recombinant virus-like-particle (VLP) vaccine technology to LG Life Sciences Ltd.
ATA Inc (NASDAQ: ATAI) shares advanced 2.38% to create a new 52-week high of $8.19. ATAI shares have jumped 107.79% over the past 52 weeks, while the S&P 500 index has gained 18.96% in the same period.
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