Intrexon Corp Rallies Off Cure To Fight Zika Virus

Intrexon Corp

shares are trading higher by $2.68 at $31.82 in Monday's session. The catalyst for the rally is the company being positioned to fight the Zika Virus with mutant mosquitoes developed by one it subsidiaries. After a higher it retreated and found support just below Friday's close ($29.14), reaching $28.73( before resuming its move higher. So far, it has found intraday resistance just above Thursday's high ($32.67), reaching $32.72 before falling back to the $32 area.