Shares of Virax Biolabs Group Ord Shs (NASDAQ: VRAX) are trading at more than 13$ a share up over $8 or a whooping 146% for the day. The stock currently has a 52 week high of $29. The stock is yet to find a true trading base as volatility has taken over.
So why is Virax Biolabs Group Ord Shs (NASDAQ: VRAX) surging ?
Virax Biolabs Group Limited (Nasdaq: VRAX) has recently launched distribution of Monkeypox and Varicella-Zoster Viruses Real Time PCR Detection Kits in response to the world’s major Monkeypox outbreak. These specialized diagnostic kits are available now in Europe and can be found by contacting the company’s sales representatives.
VRAX claims itself to be an innovative biotechnology company focused on the prevention, detection, and diagnosis of viral diseases, today. Other stocks on the move today include Aethlon Medical, Inc (NASDAQ:AEMD) up more than 44%, Ontrak Inc (NASDAQ:OTRK) up over 100%.
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