Shares in Bruker BioSciences declined 12 percent for the five-day trading period ended Tuesday. The firm's stock dropped steadily from closing at $5.43 last Wednesday to $4.75 at the close of trading on Tuesday, with trading volume unusually high over the last few days. The only news from the firm was a molecular diagnostics alliance announced on Tuesday (see Briefs).
Applied Biosystems, Molecular Devices, and Stratagene also lost more than 4 percent for the tracking period. Bio-Rad led gainers with a 5.2 percent rise in its stock, as the firm announced it had resumed settlement talks with Applera regarding a patent infringement case (see feature).
Overall, the BCW Index fell 1 percent this past week. The Nasdaq declined 1.9 percent, the Nasdaq Biotech Index dropped 1.7 percent, and the Dow Jones Industrial Average inched down .2 percent for the week.
BioCommerce Week Index of Diversified Molecular Biology Tool Companies
|
||||
Company |
Ticker
|
Current Price
(Dec. 20, 2005) |
Last Price
(Dec. 13, 2005) |
% change
|
Agilent |
A
|
34.82
|
35.98
|
-3.22
|
Applied Biosystems |
ABI
|
26.27
|
27.57
|
-4.72
|
Beckman |
BEC
|
57.04
|
57.22
|
-0.31
|
Bio-Rad |
BIO
|
63.29
|
60.14
|
5.24
|
Bruker |
BRKR
|
4.75
|
5.4
|
-12.04
|
Fisher Scientific |
FSH
|
62.85
|
64.52
|
-2.59
|
GE |
GE
|
35.54
|
35.47
|
0.20
|
Harvard Bio |
HBIO
|
4.32
|
4.69
|
-7.89
|
Invitrogen |
IVGN
|
66.95
|
66.56
|
0.59
|
Molecular Devices |
MDCC
|
27.05
|
28.21
|
-4.11
|
PerkinElmer |
PKI
|
23.1
|
23.4
|
-1.28
|
Qiagen |
QGEN
|
11.68
|
11.67
|
0.09
|
Sigma |
SIAL
|
63.52
|
65.2
|
-2.58
|
Stratagene |
STGN
|
10.17
|
10.69
|
-4.86
|
Thermo |
TMO
|
31.78
|
30.76
|
3.32
|
Waters |
WAT
|
37.91
|
39.29
|
-3.51
|
BCW Index Average |
35.07
|
35.42
|
-1.01 |