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Sequenom Shares Drop for Second Consecutive Week

Shares in Sequenom dropped 9.2 percent for the five-day trading week ended Tuesday to lead all decliners in the BCW Index. It was the second week in a row that Sequenom’s shares lost value, though there has been no recent news regarding the firm. Sequenom filed a prospectus earlier this year for the possible sale of common shares.
 
Bruker BioSciences led gainers for the week with a 5 percent jump in its stock. Bruker’s stock has been trading near its 52-week high of $11.36.
 
Overall, the Index rose .74 percent for the week. In comparison, the Dow Jones Industrial Average and Nasdaq both gained 1.6 percent, and the Nasdaq Biotech Index climbed 2.1 percent.

 
 
BioCommerce Week Index of Diversified
Molecular Biology Tool Companies
Company
Ticker
Closing Price (April 17, 2007)
Starting Price
(
April 10, 2007)
% change
Affymetrix
AFFX
31.6
31.17
1.38
Agilent
A
35.56
34.91
1.86
Applied Biosystems
ABI
30.77
30.55
0.72
Beckman
BEC
62.73
63.81
-1.69
Becton Dickinson
BDX
78.61
77.93
0.87
Bio-Rad
BIO
70.5
70.36
0.20
Bruker
BRKR
11.18
10.65
4.98
Caliper
CALP
5.76
5.84
-1.37
Cepheid
CPHD
11.8
11.62
1.55
Illumina
ILMN
32.22
31.56
2.09
Invitrogen
IVGN
66.7
65.39
2.00
Luminex
LMNX
14.14
13.92
1.58
MDS
MDZ
19.01
19.08
-0.37
Millipore
MIL
73.42
73.11
0.42
PerkinElmer
PKI
24.99
24.6
1.59
Qiagen
QGEN
17.89
17.49
2.29
Sequenom
SQNM
3.37
3.71
-9.16
Sigma-Aldrich
SIAL
41.66
42.19
-1.26
Stratagene
STGN
10.71
10.7
0.09
Thermo
TMO
49.52
48.24
2.65
Third Wave
TWTI
5.78
5.86
-1.37
Waters
WAT
60.08
59.75
0.55
BCW Index Average  
34.45
34.20
0.74
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