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Luminex Shares Drop, Bruker Pares Losses

Shares in Luminex dropped 9 percent for the five-day trading period ended Tuesday. The firm’s shares have declined 13 percent since closing at $14.35 on May 2, the day it released its first-quarter results, which included a 28 percent gain in revenues but a 75 percent drop in profit year over year. Luminex led the 10 stocks that lost value during the trading period.
 
Bruker BioSciences reversed a two-week skid in its share price and closed up 8 percent for the week.
 

Overall, the BCW Index closed up .08 percent for the week. In comparison, the Dow Jones Industrial Average gained .6 percent to close at an all-time high of 13,383.84. The Nasdaq fell 1.8 percent for the week, and the Nasdaq Biotech Index dropped 3.6 percent.

 
 
BioCommerce Week Index of Diversified
Molecular Biology Tool Companies
Company
Ticker
Closing Price
(May 15, 2007)
Starting Price
(
May 8, 2007)
% change
Affymetrix
AFFX
24.66
26.12
-5.59
Agilent
A
37.78
37.34
1.18
Applied Biosystems
ABI
29.45
29.67
-0.74
Beckman
BEC
66.08
64.58
2.32
Becton Dickinson
BDX
78.05
79.28
-1.55
Bio-Rad
BIO
71.08
69.08
2.90
Bruker
BRKR
9.19
8.51
7.99
Caliper
CALP
4.97
4.93
0.81
Cepheid
CPHD
11
11.79
-6.70
Illumina
ILMN
32.3
33.32
-3.06
Invitrogen
IVGN
71.74
69.86
2.69
Luminex
LMNX
12.48
13.72
-9.04
MDS
MDZ
20
19.25
3.90
Millipore
MIL
75.31
77.24
-2.50
PerkinElmer
PKI
25.39
25.19
0.79
Qiagen
QGEN
17.16
17.44
-1.61
Sequenom
SQNM
3.54
3.55
-0.28
Sigma-Aldrich
SIAL
42.46
42.81
-0.82
Stratagene
STGN
10.86
10.77
0.84
Thermo
TMO
53.45
52.35
2.10
Third Wave
TWTI
5.1
4.99
2.20
Waters
WAT
60.47
60.1
0.62
BCW Index Average  
34.66
34.63
0.08
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