Is Someone Sneaking A Peek At Business Week?
On most Thursday mornings, Seymour Zucker, the senior editor who oversees BUSINESS WEEK's Inside Wall Street column, sits down at a Bloomberg terminal and watches the market. On Thursday, Jan. 18, his attention was caught by Creative Biomolecules, a tiny biotech company that was favorably discussed in that week's column. All morning, the stock had hovered around 9. Then, at about 1 p.m., it began climbing--to 10--on heavy volume. "It really hit me between the eyes," recalls Zucker. In all, some 692,000 shares were traded, vs. an average volume of 245,500 during the previous five days.
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