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Hurricane Sandy may have delayed trading for two days, but within the risky world of small-cap health care stocks, shares of a couple of companies wasted no time making huge moves once trading began.
On the postive end of the spectrum, shares of medical robotics company Hansen Medical (Nasdaq: HNSN ) are soaring in response to a cash infusion from its larger peer, Intuitive Surgical (Nasdaq: ISRG ) . On the flip side, shares of BioCryst Pharmaceuticals (Nasdaq: BCRX ) are tanking after the company pulled an application to begin clinical trials of a potentially lucrative drug.
In the following video, health care bureau chief Brenton Flynn discusses today's huge share price swings in the industry.
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