Movers roundup: Tercica, Vertex (AP)

Thursday June 5, 2:18 pm ET Movers roundup: Tercica shares nearly double in value, Vertex stock jumps on analyst upgrade Among the stock activity stories for Thursday, June 5, from AP Financial News: NEW YORK (AP) -- Shares of Tercica Inc. nearly doubled in value Thursday afternoon after the biopharmaceutical company said it will be bought by Ipsen SA in a cash deal valuing the company at $9 per share, or $663 million. The news led analysts to boost price targets on the stock. NEW YORK (AP) -- Vertex Pharmaceuticals Inc. shares jumped Thursday after an analyst predicted strong results and earlier approval of its hepatitis C drug candidate telaprevir NEW YORK (AP) -- Shares of Vail Resorts Inc. slid Thursday after the ski resort operator reported its third-quarter profit climbed but significantly missed Wall Street's... [read full story]