NASDAQ Stocks Hitting 52-Week Highs (TESO, ARMH, LECO, PRGS)

Tesco Corporation TESO shares reached $16.22 to create a new 52-week high, before falling to $16.16, representing a 0.94% gain. TESO had $42.02 million in total cash and no debt for the recent quarter. ARM Holdings plc ARMH shares rose 5.16% to touch a new 52-week high of $20.80. According to reports, Microsoft MSFT announced its plans to unveil a new Windows operating system that relies on chips designed by UK-based ARM Holdings. Lincoln Electric Holdings Inc LECO shares jumped 0.92% to create a new 52-week high of $66.89. LECO's trailing-twelve-month revenue is $1.97 billion. Progress Software Corporation PRGS shares reached $44.80 to create a new 52-week high, before falling to $44.68, representing an 8.53% gain. PRGS reported 28% y/y rise in its FQ4 net income. Read more from Benzinga's Markets.