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PowerShares QQQ and Gen-Probe Incorporated Among Most Active Stocks in Pre-Market Today on the Nasdaq

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Hologic Incorporated was up this morning.

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MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq were PowerShares QQQ Trust (QQQ), Gen-Probe Incorporated (GPRO), and Hologic Incorporated (HOLX) as of 9:00 a.m. Investors traded 1,568,143 shares of PowerShares QQQ, which was down $0.18, or 0.27%. Investors traded 1,163,882 shares of Gen-Probe, which was up $13.67, or 19.45%, and 624,741 shares of Hologic, which was down $0.83, or 3.91%. Shares of Gen-Probe, a diagnostic test maker, soared on the announcement that Hologic bought the company for $82.75 per share with almost $3.75 billion in cash. Shareholders of Gen-Probe will receive a 20% premium to the stock's closing price this past Friday. Gen-Probe expects the deal to be finalized in the second half of the year, and the buyout will add approximately $0.20 per share to Hologic's earnings for the fiscal year after the merger occurs.
No positions in stocks mentioned.
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