Stocks On The Move - April 3

Stocks Rise on Heavy Volumn:

• Cell Genesys, Inc. (CEGE): shares of South San Francisco, CA based cancer therapies proivder soared 32.25% to $5.7 per share on positive data of the company's cancer drug. The stock was the fourth leading gainer and the third heaviest traded on Nasdaq today with 60.61 million shares traded.
• Marshall & Ilsley Coproration(MI): shares of Milwaukee, WI based banking service provider rose 8.66% to $49.83 per share after the company is spinning off its data processing unit. The stock was the seventh leading gainer on NYSE today with 10.18 million shares traded.

Stocks Drop on Heavy Volumn:

• Jackson Hewitt Tax Service Inc. (JTX): shares of income tax service provider plunged 18% to $26.53 per share after federal government is seeking to shut down 125 tax preparation branches due to false income tax return. The stock was the leading decliner on NYSE today with 9.8 million shares traded.