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Intrexon Sharply Higher

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Intrxon Corp (NYSE: XON) shares are trading sharply higher by $3.90 at $39.42 in Tuesday's session.

After a lower open, it immediately bottomed at $34.80 and reversed course. So far, the rally has taken the issue to $40.24 before falling back under $40. This marks the highest level issue since it peaked on September 25 at $45.90.

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

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