Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: Gen-Probe announced on April 28 that it was pursuing "strategic alternatives" and had hired Morgan Stanley
Now what: Gen-Probe stock popped on the news it was seeking an acquirer and has since outperformed the market by more than 20%. Potential buyers -- Life Technologies
Interested in more info on Gen-Probe? Add it to your watchlist by clicking here.
Fool contributor Cindy Johnson does not own shares of any company named above. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.