Stocks On The Move - November 6

Stocks Rising on Heavy Volumn:

• KOS Pharmaceuticals Inc. (KOSP): shares of New Jersey based pharmaceutical company skyrocketted 53.84% to $77.06 per share after Abbott Laboratories is buying the company for $3.7 billion or $78 per share. The stock was the second leading gainer on Nasdaq today with 12.24 million shares traded.
• Four Seasons Hotels Inc. (FS): shares of Toronto, Canada based luxury hotels operator soared 29.17% to $82.5 per share after the company received buyout offer to take the company private for $3.7 billiion or $82 per share. The stock was the best performer on NYSE today with 7.1 million shares exchanged hands.

Stocks Dropping in Heavy Volumn:

• Adolor Corp. (ADLR): shares of Exton, Pennsylvania based biopharmaceutical company plunged 44.84% to $7.69 per share after the company received additional request from FDA on the bowel treatment. The stock was the leading decliner and the nineth heaviest traded on Nasdaq today with 25.52 million shares traded.
• Kinross Gold Corp. (KGC): shares of Toronto, Canada based gold mining company tumbled 9.43% to $12.05 per share after the company is buying Bema Gold for $3.5 million. The company was the second leading decliner on NYSE today with 6.26 million shares traded.