NASDAQ Stocks Hitting 52-Week Highs (FOSL, ADAM, QLIK, HOOK)

Fossil Inc FOSL shares reached $48.39 to create a new 52-week high, before falling to $48.19, representing a 4.73% gain. The board of FOSL has approved a $750 million stock repurchase plan. ADAM Inc ADAM shares jumped 76.66% to touch a new 52-week high of $5.60. Ebix Inc EBIX has entered into a merger agreement to acquire ADAM on a debt-free basis for $66 million. Qlik Technologies Inc QLIK shares reached $19.50 to create a new 52-week high, before falling to $19.41, representing a 6.41% gain. Analysts at Stifel Nicolaus initiated coverage of QLIK with a “buy” rating. Craft Brewers Alliance Inc HOOK shares gained 9.23% to create a new 52-week high of $7.10. Market is speculating of the possible acquisition of HOOK by Anheuser-Busch Inbev SA BUD. Read more from Benzinga's Company news.