NASDAQ Stocks Hitting 52-Week Highs (TECD, SONS, NVAX, ATAI)

Tech Data Corporation TECD shares reached $51.60 to create a new 52-week high, before falling to $51.00, representing a 2.86% gain. TECD reported upbeat Q4 results. Sonus Networks Inc SONS shares gained 26.07% to create a new 52-week high of $3.82. SONS reported better-than-expected Q4 results and issued upbeat 2011 revenue projections. Novavax Inc NVAX shares surged 28.85% to create a new 52-week high of $3.35. NVAX licensed its recombinant virus-like-particle (VLP) vaccine technology to LG Life Sciences Ltd. ATA Inc ATAI shares advanced 2.38% to create a new 52-week high of $8.19. ATAI shares have jumped 107.79% over the past 52 weeks, while the S&P 500 index has gained 18.96% in the same period. Read more from Benzinga's Markets.