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.
What: Gen-Probe
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
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