Pompano Beach, FL, January 7, 2013 - CombiMatrix Corporation (NASDAQ: CBMX) jumped up 14.59% to $5.94 on a traded volume of 109k shares. The Company reported preliminary annual growth in prenatal testing volumes for the fourth quarter and full year. The preliminary annual growth rates of 172% and 171% were achieved for billable prenatal tests in the quarter and full year, respectively. The rapid growth rate in prenatal testing is the result of the Company's strategic shift to focus on its prenatal molecular diagnostics testing markets. CombiMatrix Corporation is a molecular diagnostics company performing DNA-based testing services for developmental disorders and cancer diagnostics.
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Epocrates Inc (NASDAQ: EPOC) soared 21.93% to $11.73 on a traded volume of 42k shares. Athenahealth Inc has agreed to acquire Epocrates Inc for around $293 million in cash as the Company looks for ways to share information among an expanded network of providers.
Zacks increased the rating of Epocrates from an underperform rating to a neutral rating in a research note released. The firm currently has $9.40 price target on the stock.
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EnergySolutions Inc (NYSE: ES) surged up 9.01% to $3.74 on a traded volume of 280k shares. The Company has entered into a definitive acquisition agreement to be acquired by a subsidiary of Energy Capital Partners II LLC in a transaction with an enterprise value of $1.1 billion. Under the terms of the agreement, the shareholders of EnergySolutions' will receive $3.75 in cash for each share of common stock.
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VIVUS Inc (NASDAQ: VVUS) moved up 10.76% to $15.24 on a traded volume of 1.57 million shares. The stock is up due to new Qsymia prescription data. According to Bloomberg, Qsymia prescriptions climbed up 140% higher from 5,394 for the four-weeks ended October 26th to 12,978 in the four-week period ended December 21st. The rise came after the commencement of its Free Trial program on November 19th through two certified pharmacies. The Company started the Qsymia free trial offer program in two of the certified pharmacies on November 19, 2012.
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Walter Investment Management Corp (NYSEAMEX: WAC) increased 6.83% to $47.06 on a traded volume of 289k shares. Walter Investment Management Corp announced a definitive agreement to acquire the residential mortgage servicing platform of MetLife Bank, N.A. located in Irving, Texas. The assets to be acquired do not include any mortgage loans or mortgage servicing rights. The terms of the transaction were not disclosed.
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