The Traderszone Network

Published in TZ Latest News 15 July, 2016 by The TZ Newswire Staff

The Reason Behind Alere Inc.’s Double-Digit Percentage Gain on Friday

Doctor Discussing Report With Patient Clipboard Getty
Image source: Getty Images.

What: Shares of Alere (NYSE: ALR), a provider of point-of-care and in-home medical diagnostic tests, surged as much as 12% during Friday’s afternoon trading session. The culprit behind the move appears to be positive commentary from global investment banking firm Canaccord Genuity.

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