Movers roundup: NovaGold Resources, Genentech
By
Associated Press
November 24, 2008
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Among the stock activity stories for Monday, Nov. 24, from AP Financial News:
DENVER (AP) _ Shares of NovaGold Resources Inc. plunged to a record low Monday after the Canadian gold producer suspended operations at its first mine near Nome, Alaska, amid financial troubles.
NEW YORK (AP) _ Shares of biotechnology company Genentech Inc. jumped Monday after it said the blockbuster drug Avastin improved the survival time for breast cancer patients in a late-stage study.
NEW YORK (AP) _ Shares of diagnostic test maker Hologic Inc. jumped Monday with the broader market after an analyst said the company's developing three-dimensional medical imaging technology could be the highlight of an upcoming medical conference.
WASHINGTON (AP) _ Shares of medical device maker Cyberonics Inc. climbed Monday on expectations that sales of new and replacement stimulation implants will drive sales higher in coming quarters.