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Quest Diagnostics Inc. (NYSE: DGX) shares jumped 5.55 percent to close at $57.99 a share Wednesday. The stock traded between $56.99 and $60.50 on volume 6.92million shares traded. The company announced that its Focus Diagnostics products business has received expedited FDA 510(k) clearance and CLIA moderate complexity categorization for its new Simplexa HSV 1 & 2 Direct molecular test. Shares of Quest Diagnostics are up approximately 8.0 percent year-to-date.
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Exelixis, Inc. (NASDAQ: EXEL) shares tumbled 39.36 percent to close at $3.90 a share Wednesday. The stock traded between $3.87 and $4.50 on volume of 54.41 million shares traded. The company announced that independent data monitors have concluded that the phase III study of cabozantinib in advanced prostate cancer should proceed to its final analysis. Shares of Exelixis are down approximately 36.0 percent year-to-date.
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Insmed Inc. (NASDAQ: INSM) shares dropped 13.09 percent to close at $15.90 a share Wednesday. The stock traded between $15.55 and $17.38 on volume of 7.81 million shares traded. The company announced that ARIKAYCE failed to meet its primary endpoint in a recent mid-stage study. Shares of Insmed are down approximately 6.0 percent year-to-date.
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Steelcase Inc. (NYSE: SCS) shares spiked 11.66 percent to close at $16.28 a share Wednesday. The stock traded between $15.86 and $16.91 on volume 3.23 million shares traded. The company reported diluted earnings per share of $0.19 fourth quarter of 2013, compared to a diluted loss per share of $0.22 a year ago. Shares of Steelcase are up approximately 3.0 percent year-to-date.
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www.FiveStarEquities.com/SCS
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