Wednesday, September 27, 2006

Nasdaq Biotech Index Gains As Diversa Jumps On High Volume

The NBI gained almost 1.5% on the day as biotechnology stocks generally fared very well.

Diversa Corporation (DVSA) gained almost 20% at the end of regular hours trading with over one million shares trading hands, with an especially big trade just before the bell rang. The average daily volume is just over 150,000 shares.

It would be interesting to see if the company is on the verge of a press release. Diversa is on our watch list for tomorrow's openining bell.

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