Stocks On The Move - April 13

Stocks Rise on Heavy Volumn:

• Dyax Corp. (DYAX): shares of Cambridge, MA based biopharmaceutical company jumped 49.25% to $5.97 per share after the company received positive results from late-stage test of its skin disease drug. The stock was the leading gainer and the fourth heaviest traded on Nasdaq today with 46.6 million shares traded.
• SLM Corp. (SLM): shares of the nation's largest student-loan provider surged 14.75% to $46.76 per share after the company says it is in buyout talks with private equity firm for at least $20 billion. The stock was the second leading gainer on Nasdaq today with 36 million shares traded.