Why Coronavirus Stocks Are Zooming Higher Today
Shares of a clutch of healthcare companies involved directly or tangentially in the fight against the coronavirus were doing very well on Monday. Moderna (NASDAQ: MRNA), for one, was up by nearly 10% in midafternoon trading, while Co-Diagnostics (NASDAQ: CODX) was trailing close behind.
Meanwhile, both Novavax (NASDAQ: NVAX) and Vaxart (NASDAQ: VXRT) were outpacing that pair, with 16% and 11% gains, respectively. BioNTech (NASDAQ: BNTX) was a relative laggard, rising "only" 5.7%.
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Source Fool.com