Why Are GeoVax Shares Trading Higher Today?
Portfolio Pulse from Vaishali Prayag
GeoVax Labs, Inc. (NASDAQ:GOVX) shares surged by 65.4% following the WHO's declaration of mpox as a global health emergency and the ECDC's new risk assessment. The ECDC recommends heightened preparedness and rapid response measures in the EU/EEA due to the risk of imported mpox cases from Africa.
August 16, 2024 | 5:40 pm
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GeoVax Labs, Inc. (NASDAQ:GOVX) shares surged by 65.4% following the WHO's declaration of mpox as a global health emergency and the ECDC's new risk assessment. The ECDC recommends heightened preparedness and rapid response measures in the EU/EEA due to the risk of imported mpox cases from Africa.
The WHO's declaration and ECDC's risk assessment have increased the perceived need for vaccines, directly benefiting GeoVax, a company specializing in vaccine development. This has led to a significant rise in investor interest and a 65.4% increase in share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100