Stocks Hitting 52-Week Highs

Avanir Pharmaceuticals

shares reached a new 52-week high of $16.96 after the company agreed to be acquired by Otsuka Pharmaceutical for $17.00 per share in cash. Cypress Semiconductor

shares touched a new 52-week high of $12.279 after the company announced its plans to buy Spansion

for $1.59 billion in stock. Spansion

shares jumped 23.41% to touch a new 52-week high of $28.20 after Cypress announced its plans to acquire Spansion. Royal Caribbean Cruises

shares gained 4.99% to reach a new 52-week high of $75.90 following the announcement that it will be added to S&P 500 following the close on Thursday.