NASDAQ Stocks Hitting 52-Week Highs (ARUN, RDCM, HTHT, ASYS)

By Monica Gerson
Benzinga Staff Writer
September 07, 2010 11:12 AM

Posted in: Long Ideas, Intraday Update, Markets, Trading Ideas

Aruba Network Inc (NASDAQ: ARUN) shares reached $19.62 to create a new 52-week high, before falling to $19.51, representing a 0.10% gain. ARUN has completed its acquisition of Azalea Networks.

Radcom Ltd (NASDAQ: RDCM) shares gained 5.52% to touch a new 52-week high of $10.32. RDCM has repaid its outstanding debt to the Plenus Venture Lending Fund, 7 months before its maturity date of April 15, 2011.

China Lodging Group Limited (NASDAQ: HTHT) shares jumped 1.68% to create a new 52-week high of $24.20. HTHT’s quarterly earnings advanced 109.96% y/y.

Amtech Systems Inc (NASDAQ: ASYS) shares gained 6.16% to create a new 52-week high of $16.90. ASYS’s subsidiary Tempress Systems Inc had received new solar orders worth $37 million from numerous new and current customers in Asia.

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