Shares ended higher on Wednesday following news that drug maker Pfizer (PFE) – Get report reached a coronavirus vaccine agreement with the United States government.
Global coronavirus infections crossed 15 million on Wednesday, according to Reuters, and the US reported more than 1,000 deaths from Covid-19 on Tuesday, the first time since June 10, the country surpassed that mark.
Here are some of the big drivers of the stock market on Wednesday:
1. BioNTech | Percentage increase greater than 13%
BioNTech (BNTX) – Get report Stocks rose on Wednesday after German biotech and Pfizer reached an agreement with the US Department of Health and Human Services and the Department of Defense to receive $ 1.95 billion for 600 million doses of its vaccine against the developing coronavirus once regulators approve it.
2. VBI vaccines | Percentage increase greater than 8%
The Street Quant Rating rates VBI Vaccines to Sell with a rating score of D.
VBI vaccines from the biopharmacy company (VBIV) – Get report It is one of several companies working on a Covid-19 vaccine.
3. Hecla Mining | Percentage increase greater than 7%
The Street Quant Rating rates Hecla Mining Company as Hold with a rating of C-.
Hecla Mining (HL) – Get report it was benefiting from the recent rise in silver prices.
4. Gold Equinox | Percentage increase greater than 4%
Equinox gold (EQX) – Get report Shares rose on Wednesday in response to rising gold prices.
5. Calix | Percentage increase greater than 16%
The Street Quant rating rates Calix a Hold with a rating of C.
Calix (ASH) – Get report Shares rose on Wednesday after the software company beat Wall Street’s second-quarter earnings and revenue expectations.
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