Moderna Inc. (MRNA)

by | May 19, 2022 | Daily Trade Alerts

Here we go again…

Weeks ago, former White House Coronavirus Response Task Force coordinator, Dr. Deborah Birx said the U.S. should prepare for a summer surge of the virus. “It’s now predictable that the South will see surges in the summer and Northern states will see surges in the winter — especially around the holidays,” she added, as quoted by CNN.

Now, Biden health officials are sounding the alarm.

In fact, they’re saying about a third of Americans live in communities that are experiencing rising levels of COVID cases and hospitalizations.

According to The Washington Post, “The increase in new infections — nearing 100,000 a day — comes as the nation heads into Memorial Day weekend with its large gatherings and travel. That case count is almost certainly an undercount, officials said, given the widespread use of at-home tests for which results are often not reported to health officials.”

“Administration officials and experts have said they expect a summer surge in the South as the heat forces people indoors, as has happened the two previous summers. Some experts have warned this summer’s surge could be worse than last year’s, because cases are higher than they were in May 2021,” they added.

One of the stocks that should move on the news is Moderna Inc. (MRNA).

Higher cases could lead to even more vaccinations.

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