Laboratory Corp (LH) $67.59 +5.23%

Laboratory Holdings (LH) shares just exploded up 6% to $67.90 after trading as low as $63.50 this morning. The company just concluded an analyst conference and something positive must have been said. Option volume is picking up with the focus being in buying calls in the October $70 strike which have now traded 1,700 contracts against prior open interest of just 670 contracts. Shares of the medical testing maker had been downgraded last week and suffered three large gap down days that took the stock as low as $61.50 on Thursday.

Category: All Stocks, Health Care Equipment & Services, Mid Cap Stocks