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Luminex Corp. (LMNX) Jumped To A New High After Luminex Announcement

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4/4/2012 7:24 AM ET

Luminex Corp. (LMNX: Quote) announced Tuesday morning that it has extended its global sales and distribution agreement with Bio-Rad Laboratories (BIO: Quote) to 2023. Luminex has also granted Bio-Rad global sales and distribution rights for Luminex's MAGPIX multiplexing instrument.

Bio-Rad Laboratories spiked to the upside in the first half hour of trade Tuesday, before settling into a range. Shares finished up by 11.33 at $114.25 on the highest volume of the year. The stock surged to an 8-month high.

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by RTT Staff Writer

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