Monkeypox is now hitting the headlines.
“Doctors warned that numbers will rise significantly as the virus spreads through Europe and as far as the US, Canada and Australia. Spain now has the highest number of infections, outside places in Africa where the virus is endemic, with more than 50 known cases.”
Officials are even investigating a presumptive case in South Florida. Another case popped up in Massachusetts, and another in New York City. Worse, President Biden just said, “Everybody should be concerned. We’re working on it, hard to figure out what we do.” Even the World Health Organization just warned that Europe could see a wave of infections this summer.
That news is sending stocks, like SIGA Technologies (SIGA) screaming higher. In fact, it could see higher highs, as the company receives requests for its smallpox drug, as treatment.