Why GenMark Diagnostics Stock Is Soaring Today
Shares of GenMark Diagnostics (NASDAQ: GNMK) were soaring 34.8% higher as of 11:43 a.m. EST on Thursday. The big jump came after Bloomberg reported that the diagnostics company could be acquired.
Bloomberg's report stated that GenMark has been contacted by multiple potential buyers. The company is said to have engaged a financial advisor to help it navigate acquisition discussions. GenMark hasn't made any public statements about the report at this point.
Image source: Getty Images.
Source Fool.com
