UPDATE: VIVUS (VVUS) Pops Higher Early on Volume; Insider Boosts Stake 12.5%

August 22, 2012 9:43 AM EDT
(Updated - August 22, 2012 9:46 AM EDT)

VIVUS (Nasdaq: VVUS) shares are ripping higher early Wednesday morning on strong volume. Shares are up over 3 percent with 250,000+ shares crossing.

After the market closed, Director Ernest Mario disclosed acquiring another 5,000 shares. The purchase was made on August 20th for a price of $20.75. Following the acquisition, Mario holds 45,000, 12.5 percent over his prior level.

Mario last bought shares on August 13th.

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