Why is Sequenom Stock Seeing Such Action?

Shares of Sequenom, Inc. (Nasdaq: SQNM), a life sciences company, rose 39.43% today, up $1.25 to $4.42. In after-hours trading, the stock hit a high of $4.56, with over 870,000 shares traded. For a stock that trades an average daily volume of 2,199,000---it’s something worth watching. There was a heavy volume of shares traded today, as well---20,996,845.

With no news from the company to report, it could be a speculative play. The stock action came on the heels of a mention of the company in The Motley Fool, published yesterday, which pointed out that Sequenom was selling 88% off its 52-week high.