ADGI - These 2 Nasdaq Biotech Stocks Are Soaring Wednesday Morning
Investors have been impressed at the rapid pace at which the stock market has clawed back its losses from early in 2022. The Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular has rebounded sharply, and so it made sense for the index to take a brief break from its ascent early Wednesday. As of 7:45 a.m. ET, Nasdaq futures were down about a third of a percent.
Yet there's still plenty of excitement among individual Nasdaq stocks. Today, investors focused on the biotech stock arena, where a pair of companies saw their share prices rise sharply. Read on to learn why Adagio Therapeutics (NASDAQ: ADGI) and Vir Biotechnology (NASDAQ: VIR) made their way onto market participants' radar screens early Wednesday.
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These 2 Nasdaq Biotech Stocks Are Soaring Wednesday Morning