Agouron Stock Soars in Trading: The value...

Agouron Stock Soars in Trading: The value of La Jolla-based Agouron Pharmaceuticals’ stock more than doubled during heavy trading Friday after the company reported success in finding the 3-D structure of a key enzyme in the AIDS virus. Sensing a possible AIDS breakthrough, investors rushed to buy Agouron, sending the stock to an all-time high of $19 per share in NASDAQ over-the-counter trading, up from $9 at the start. Six months ago, Agouron was trading at its all-time low of $3.25. Just as impressive was Friday’s volume: 604,200 shares, more than 100 times Agouron’s normal trading level.