Nanosphere Pops

Nanosphere (NSPH) issued a press today (02012.06.27) titled "Nanosphere Receives FDA Authorization to Market Its Gram-Positive Blood Culture Test". I can't even begin to explain what a "gram-positive blood culture test" is used for, but I do know that investors like the news. At 12:43pm EDT NSPH is at $2.34, up 22.4% for the day. Volume is 1.7 million with three hours left before the market closes. Trailing-3-month average volume has been 0.22 million. NSPH 52-week range: $0.89 - $2.41.

[update::02012.06.28] NSPH closed yesterday (02012.06.27) at $2.32. Intra-day high of $2.55 was also a new 52-week high. Volume was 3.88 million compared to a trailing-3-month average volume of 0.22 million.