Vaccine makers, including Moderna (MRNA), Novavax (NVAX), and BioNTech (BNTX), are rallying after the first U.S. death from bird flu was announced yesterday.
A closeup of a vial of the biotechnology company’s vaccines.
Meanwhile, Lucid’s shares are climbing for a second straight day after the EV company reported higher-than-expected fourth-quarter deliveries yesterday.
First Bird Flu Death
The Louisiana Department of Health noted yesterday that a 65-year-old hospital patient had died due to bird flu. According to the agency, the individual contracted the disease from animals, while it knew of no other cases in the state.
The shares of Moderna, which is developing an mRNA-based vaccine for bird flu, are climbing 10%. In July, the company was given $176 million by the U.S. Department of Health and Human Services to create “a prepandemic vaccine against H5 avian influenza.” Meanwhile, Novavax and BioNTech are rising 13% and 4.5%, respectively this morning.
GSK (GSK) and Sanofi (SNY) have both sold traditional vaccines against the disease to the U.S.
Lucid Is Advancing Again
Lucid’s shares are rising nearly 4% today. Yesterday the company noted that it had delivered almost 3,100 EVs in the fourth quarter. That was much higher than analysts’ average estimate of just 2,339 EVs.
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Disclosure: None. This article is originally published at Insider Monkey.