Stocks Hitting 52-Week Highs (ABII, ASFI, STST, TSLA)

Abraxis Bioscience Inc ABII shares reached $74.54 to create a new 52-week high, before slipping to $74.44. Celgene Corporation CELG has agreed to buy ABII in a cash and stock deal amounting to $2.9 billion. Asta Funding Inc ASFI shares gained 3.41% to create a new 52-week high of $10. ASFI’s PEG ratio is 1.47. Argon ST Inc STST shares reached $34.27 to create a new 52-week high, before slipping slightly to $34.25, representing a 40.20% gain. Boeing BA has agreed to buy STST in a cash deal worth $775 million. Tesla Motors Inc TSLA shares climbed to $28.20 to create a new 52-week high, before slipping to $28, representing a 17.20% gain. In the yesterday’s trading, TSLA’s shares began trading on the NASDAQ yesterday and surged an incredible 40.53% to close at $23.99 yesterday. Read more from Benzinga's Company news.