Friday, April 13, 2007

Dyax, Medis, Merck, Nelnet, Varian, Ventana, Xpress: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies whose shares are having unusual price changes in U.S. exchanges today. Stock symbols are in parentheses after company names. Share prices are as of 11:40 a.m. New York time.

Avalon Pharmaceuticals Inc. (AVRX US) rose 56 cents, or 12 percent, to $5.18 and traded as high as $5.25. Shares of the drugmaker may rise more than 180 percent in a year on the promise of a drug in early-stage trials, Business Week reported in its ``Inside Wall Street'' column, citing Patrick Flanigan of WR Hambrecht & Co. Flanigan said the drug AVN944, designed to inhibit tumor-cell growth, could have peak sales of $550 million, according to the magazine.


Read more at Bloomberg Stocks News

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