Transenterix Up 30%

Shares of Transenterix Inc (NYSE: TRXC), a medical device company focused on the development and commercialization of a robotic assisted surgical system, were trading higher by more than 30 percent on Wednesday on no confirmed news.

Investors and traders may have been speculating that Transenterix is a potential acquisition target. Fierce Medical Devices reported on Tuesday that Johnson & Johnson (NYSE: JNJ) has an "appetite for more major, innovative device deals."

However, Transenterix wasn't specifically mentioned in the report.