NASDAQ Stocks Hitting 52-Week Highs (CGNX, IPGP, INCY, OBAF)

Cognex Corporation CGNX shares reached $36.45 to create a new 52-week high, before dropping to $36.33, representing a 17% gain. CGNX reported upbeat Q1 profit. IPG Photonics Corporation IPGP shares reached $72 to create a new 52-week high, before falling to $71, representing a 2.31% gain. IPGP reported better-than-expected Q1 results. Incyte Corporation INCY shares surged 8.24% to create a new 52-week high of $19.76. INCY reported upbeat Q1 results. OBA Financial Services Inc OBAF shares gained 0.13% to create a new 52-week high of $15.00. OBAF shares have surged 34.95% over the past 52 weeks, while the S&P 500 index has gained 13.22% in the same period. Read more from Benzinga's Markets.