NASDAQ Stocks Hitting 52-Week Highs (ARUN, SLRY, TIBX, AMPH)

Aruba Networks Inc ARUN shares reached $19.18 to create a new 52-week high, before falling to $19.10, representing a 4.03% gain. ARUN’s shares have advanced 112.75% over the past 52 weeks, while the S&P 500 index has gained just 5.14% in the same period. Salary.com SLRY shares reached $4.12 to touch a new 52-week high, before falling to $4.08, representing a 42.66% gain. Kenexa Corp KNXA has agreed to buy SLRY for about $80 million or $4.07 per share, representing a 42% premium to SLRY’s closing price on Tuesday. TIBCO Software Inc TIBX shares rose 1.54% to create a new 52-week high of $14.71. TIBX is all set to report its Q3 results on September 23. American Physicians Service Group Inc AMPH shares jumped 22.51% to create a new 52-week high of $32.22. ProAssurance Corp PRA has announced plans to acquire AMPH for about $233 million or $32.50 per share, representing a 24% premium to AMPH’s closing price on Tuesday. Read more from Benzinga's Company news.