WASHINGTON (dpa-AFX) - After gapping sharply open sharply higher, shares of Abaxis (ABAX) continue to see substantial strength in late-day trading on Wednesday. Abaxis is currently up by 16.6 percent after reaching a record intraday high.
The jump by Abaxis comes after the maker of veterinary diagnostic instruments agreed to be acquired by Zoetis (ZTS) for approximately $2.0 billion.
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