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Leaders and Laggards: VRTX FMCN



By AP
31 March 2008 @ 04:41 pm EST

NEW YORK - Vertex Pharmaceuticals Inc. shares jumped and helped lift the Nasdaq 100 index Monday, after the drug developer released positive data from a study of its experimental drug telaprevir, being developed to treat hepatitis C patients.

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Quotes
VRTX 26.24 0.64
SNDK 17.64 4.18
AKAM 19.41 -0.23
CTXS 28.65 0.14
DISCA 19.52 0.09
FMCN 29.95 2.11

SYMBOL LOOKUP

The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, gained 14.36 points to 1,781.93 in Thursday trading. The broader Nasdaq composite added 17.92 points to 2,279.10.

Vertex shares jumped $5.23, or 28 percent, to $23.89 after the Cambridge, Mass., company released the results.

Shares of SanDisk Corp. added $1.31, or 6.2 percent, to $22.57. A report from the Semiconductor Industry Association should Monday that global chip sales rose last month.

Shares of Discovery Holding Co., which runs the television channels Animal Planet and The Travel Channel, among others, rose $1.09, or 5.4 percent, to $21.22.

On the losing side, shares of Chinese advertising network operator Focus Media Holding Ltd. fell $2.07, or 5.6 percent, to $35.15.

Shares of Akamai Technologies Inc. shed $1.42, or 4.8 percent, to $28.16.

And shares of Citrix Systems Inc. lost $1.23, or 4 percent, to $29.33.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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