Why Shares of Ocugen Climbed Today

Shares of biotech company Ocugen (NASDAQ: OCGN) jumped nearly 13% today as the latest COVID figures show a significant rise in cases, hospitalizations, and deaths -- especially among the unvaccinated.

Over the last two weeks, COVID cases are up 140%, while hospitalizations and deaths are up by one-third. That's increasing the likelihood that late arrivers in the vaccine race could still play a role in ending the pandemic. 

Image source: Getty Images.

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Source Fool.com