Stockpickr Lists: Alnylam Spikes After Roche Deal - TheStreet

Stockpickr Lists: Alnylam Spikes After Roche Deal

The company's gene inhibitor technology could earn upwards of $1 billion in a licensing agreement.
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Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have made new highs, lows or seen other unusual activity.

Biggest % Gainers

:

Alnylam

(ALNY) - Get Report

rocketed 51% Monday after announcing that it would collaborate with

Roche

on its RNAi technology. Roche will pay $331 million in upfront costs and equity investments and the deal could eventually be worth $1 billion, the companies said. RNAi technology is a method for turning off genes, therefore potentially preventing disease-causing proteins from being made. Alnylam shares climbed $7.92, reaching $23.12.

52-Week Highs

:

First Solar

(FSLR) - Get Report

soared 23% to a 52-week high after the maker of solar modules entered into a five-year agreement worth nearly $1.3 billion that will produce 685 megawatts of solar power. The company also entered into long-term agreements with EDF Energies Nouvelles and Sechilienne-Sidec. The company closed up $23.05 at $119.34.

Rising on Unusual Volume

: First Solar was also experiencing a 360% increase in average trading volume.

Biggest % Losers

:

Rosetta Resources

(ROSE) - Get Report

plunged 12% after the company said Chairman, President and CEO Bill Berilgen has resigned. The oil and gas company closed Monday trading down $2.66 to $19.25.

52-Week Lows

:

Lexmark

(LXK)

dropped 6.4% to a 52-week low after warning that second- and third-quarter earnings would miss estimates. The company sees adjusted earnings of 62 cents to 67 cents a share during the second quarter on a revenue decline of about 2%. The printer maker tumbled $3.15 to $46.25.

Stocks With Unusual Option Activity

:

ConocoPhillips

(COP) - Get Report

was experiencing unusual options activity as the stock traded up $3.01, or 3.7%, to $84.05.

Latest Activist Situations

: Spencer Capital disclosed a 6.8% stake in

Borders Group

(BGP)

. William Ackman's Pershing Square Capital also owns an 11.7% stake in the bookseller. Pershing Square also holds a big stake in Borders' rival

Barnes and Noble

(BKS) - Get Report

. There has been talk in the past he could push the two to merge. Borders closed up 3 cents at $19.31.

Forum of the Day

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Video and Computer Game Sector and Stock Analysis

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Do You Know the Answer?

What do think

Great Lakes Dredge & Dock Corporation

(GLDD) - Get Report

is going to do?

asks Steve Fox

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