Volume Spike Investor

Invitrogen Corp. (NASDAQ: IVGN) is seeing a surge in trading volume this morning, and the reason is a $6.7 Billion acquisition of Applera’s Applied Biosystems Group (NYSE: ABI).

We have already seen over 650,000 shares trade hands at 9:20 AM EST and the average daily volume is 1.3 million shares.

Shares are down right around $39.00 pre-market, while the 52-week trading range is $35.12 to $49.58.