Volume Spike Investor

Idenix Pharmaceuticals Inc. (Nasdaq: IDIX) shares fell more than 17 percent to $4.10 with nearly 19,000 shares traded after hours. The company reported a loss of 28 cents a share, 3 cents wider than analyst expectations. The company says it has enough cash to fund operations through at least the first quarter of 2010. — Mike [...]

JDA Software Group Inc. (Nasdaq: JDAS) shares rose more than 23 percent to $20.36 after hours, one of the top gainers in the session. The company posted a 17-cent a share EPS beat (47 cents vs. 30-cents consensus). Revenue rose 8.5 percent to $99.5 million, above the $86.2 million consensus. Second-quarter software licenses rose 77% [...]

Spectrum Pharmaceuticals Inc. (Nasdaq: SPPI) shares are up more than 5 percent to $6.20 in early premarket trading of fewer than 2,000 shares. The FDA has given a fast-track designation for the company’s investigation of its apaziquone candidate for the treatment of non-muscle invasive bladder cancer.  — Mike Tarsala

Lexmark International Group Inc. (NYSE: LXK) shares are down more than 6 percent to $17.50 in very early premarket volume of fewer than 1,000 shares. The company is one to watch for potential downside on strong volume. The printer company reported EPS of 55 cents a share, 5 cents light of analyst consensus. Revenue fell [...]

Merck & Co. (NYSE: MRK) shares have not opened in the premarket, but it is a stock to watch for volume upside. The company posted EPS of 83 cents, 6cents better than analyst expectations. Merck reaffirmed its guidance for fiscal 2009. The company said its previously announced merger with Schering-Plough (NYSE: SGP) is progressing as planned, [...]