Alere Inc. (symbol: ALR) was one of the biggest winners of the trading day
today (2016-07-28), gaining 16.17%. The number of shares that changed hands
was 8,040,156, or about 7.7 times the average daily volume in the stock.
The closing price was $36.56, amounting to a market cap of $3,150,000,000,
about -34.7% off the highest price in the last 12 months. The stock has
been trading at a range between $31.47 and $55.99.
ALR is in the Biotechnology: In Vitro & In Vivo Diagnostic Substances
industry, part of the Health Care sector.
Looking at its valuation, the stock is now trading at 9.66 times earnings.
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