Genoptix Soars 17% On Buyout Talk (GXDX)

Shares of Carlsbad, California-based Genoptix, Inc. GXDX are currently up 17% at $21.04 per share during Tuesday afternoon trading. The company's shares began to soar after it was reported by Bloomberg that it is seeking a buyer. Today's trading range for shares of Genoptix, Inc has been between $20.25 and $21.43 per share. The consensus price target of analysts covering the company's stock is $17.29 per share. Volume of 2.5 million shares already far exceeds the daily average volume of 342,000 shares. Genoptix, Inc. (GXDX) provides specialized laboratory service that focus on delivering diagnostic services in the United States. Read more from Benzinga's Company news.
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