Santarus (SNTS) Volatility Up as Shares Hit New 52-Week High

Santarus, Inc. (Nasdaq: SNTS) shares are at intraday highs Wednesday with higher implied volatility. The stock is at an annual high of $6.13.

Market data shows implied volatility is up 50 percent from Tuesday's close to 73.4 percent. Volatility is also 81 percent than the historical average.

Shares are 4.4 percent better on the session.

Earlier in the session there was chatter than AstraZeneca (NYSE: AZN) is looking to acquire more diverse, late-stage companies with a robust pipeline. Santarus wasn't mentioned in the article, but could be a potential candidate. For more, click here.

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