NASDAQ Stocks Hitting 52-Week Highs (LAYN, QCOR, DMND, CBST)

Layne Christensen Company LAYN shares jumped 6.26% to create a new 52-week high of $37.34. LAYN reported upbeat Q4 results. Questcor Pharmaceuticals Inc QCOR shares gained 20.64% to touch a new 52-week high of $18.00. QCOR issued upbeat Q1 revenue projections. Diamond Foods Inc DMND shares rose 11.01% to create a new 52-week high of $63.52. Procter & Gamble Co PG announced its plans to sell its Pringles business to DMND in a deal valued at $2.35 billion. Cubist Pharmaceuticals Inc CBST shares gained 16.63% to create a new 52-week high of $29.45. CBST settled a patent lawsuit with Teva Pharmaceuticals TEVA related to its Cubicin drug. Read more from Benzinga's Markets.