APT - NYC to distribute 500K at-home COVID tests 1M KN95 masks to fight Omicron

New York City Mayor Bill de Blasio this afternoon said that the city will be distributing 500K rapid at-home COVID tests and 1M KN95 masks in the latest effort to curb the spread of the virus. The city is also increasing testing capacity by increasing hours at sites and adding more of them. In addition, there will be a renewed push for resident to get booster shots. Rapid at-home COVID test makers: Abbott (ABT +0.3%), Quidel (QDEL +0.6%), Becton, Dickinson (BDX +2.3%), Cue Health (CUE -1.6%), ands OraSure Technologies (OSUR -2.8%). Mask and PPE manufacturers: Alpha Pro Tech (APT +13.6%), Allied Healthcare Products (AHPI +0.9%), and Lakeland Industries (LAKE +1.0%). Earlier this month, de Blasio announced a vaccine mandate for all private employees. Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion.

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NYC to distribute 500K at-home COVID tests, 1M KN95 masks to fight Omicron