Acquisition may help Aspect Medical Systems (ASPM) reach higher levels
Symbols: ASPM
Aspect Medical Systems (Nasdaq: ASPM) jumped 55% and was in spotlight on Monday after Irish healthcare tech company Covidien's $210 million buyout offer was accepted by ASPM. ASPM, which closed at 52 weeks high of $11.96, surged with high volumes of around 7.4 million shares, and is likely to evince further interest from traders in the coming sessions.
(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.
We're Loving
