Virus Outbreak Fuels Volatility in Some Biotech Stocks

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Virus Outbreak Fuels Volatility in Some Biotech Stocks
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The deadly coronavirus outbreak is sparking big moves among biotechnology stocks, a volatile sector where companies can flourish or struggle depending on their progress in developing new medical treatments

Shares of Moderna Inc., a Cambridge, Mass.-based biotech company, rose 5.2% to $22.

02 in afternoon trading Wednesday after it said in a regulatory filing that it was working with the National Institutes of Health and two of its affiliates “on a potential vaccine response to the current public health emergency.” NIH is the...

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