Home > News > Nanogen Shares Whipsawed by Good, Bad News
January 29th, 2004
Nanogen Shares Whipsawed by Good, Bad News
With nanotechnology the buzzword on Wall Street these days, investors sent Nanogen Inc.'s stock on a roller coaster ride today, pushing it up to its highest value in more than three years, then down, then back up again.
A combination of positive company news and negative market news caused the stock to be whipsawed, as the stock shot up to a 52-week high of $14.95 a share mid-morning. But after the Federal Reserve said an interest rate hike may be just over the horizon, stocks plummeted across the board. Nanogen was no exception, plunging to $12.02 near the end of regular trading.
Pixelligent Closes $5.5 Million in Funding: Capital Will Be Used to Support Global Customer Growth December 12th, 2014
Nanometrics Announces Upcoming Investor Events November 19th, 2014
Eight19 secures £1m funding: Investment to develop production technology, and expand commercial activities for organic photovoltaics November 19th, 2014
Arrowhead to Present at Upcoming Conferences November 15th, 2014