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Amgen, Inc. (NASDAQ: AMGN) shares spiked 7.72 percent to close at $113.75 a share Monday. The stock traded between $110.75 and $116.25 on volume of 11.54 million shares traded. The company announced it has agreed to acquire Onyx Pharmaceuticals, Inc. for approximately $10.4 billion. Shares of Amgen have fallen approximately 32.0 percent year-to-date.
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Immunomedics, Inc. (NASDAQ: IMMU) shares jumped 7.71 percent to close at $6.15 a share Monday. The stock traded between $5.74 and $6.54 on volume of 4.04 million shares traded. The company reported revenues were $1.4 million for the fourth quarter of fiscal 2013, an increase of $0.4 million when compared to a year ago. Shares of Immunomedics have gained approximately 110.0 percent year-to-date.
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Merge Healthcare Inc. (NASDAQ: MRGE) shares surged 8.30 percent to close at $2.61 a share Monday. The stock traded between $2.48 and $2.65 on volume of 1.98 million shares traded. The company announced that Michael W. Ferro, Jr. has stepped down as Chairman. Shares of Merge Healthcare have gained approximately 5.0 percent year-to-date.
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Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) shares dropped 13.50 percent to close at $3.14 a share Monday. The stock traded between $3.00 and $3.39 on volume of 3.22 million shares traded. The company announced that R343 did not meet its primary or secondary endpoints in a recent asthma study. Shares of Rigel Pharmaceuticals have fallen approximately 52.0 percent year-to-date.
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