Stock Of The Day: Bull Trap Snares SIGA Technologies On Heels Of Mpox Study
SIGASIGA Technologies(SIGA) Benzinga·2024-08-17 02:17

So-called “bull traps” often frustrate traders, as they did on Wednesday, snaring shares of SIGA Technologies Inc SIGA — and there may be another one today.That's why it’s our ‘Stock of the Day'.SIGA shares have been very active because of a surge in Mpox (The World Health Organization ceased using the term Monkey Pox in November 2022 to reduce the stigma and association with monkeys). SIGA produces treatments for this disease. The New York-based company released disappointing trial data for a drug to treat ...