Healthways follows through big time

It's a case of up, up and away today for shares of wellness services provider Healthways, which have climbed more than 12 percent and are within shouting distance of late-2009 levels. As of 2:30 p.m., Healthways (Ticker: HWAY) was changing hands at $16.60, up 12.6 perent on the day. Volume is very heavy, with more than 525,000 shares having changed hands already versus a daily average of just 136,000. There's no fresh news to speak of so we're thinking it took some investors a few days to read through William Blair analyst Ryan Daniels' bullish report from Wednesday.