Monkeypox stocks boosted in morning trading, with Tonix surging over 17% and SIGA soaring over 8%.
New York City on Saturday declared monkeypox a public health emergency, which has lifted monkeypox-related stocks.
New York City officials have declared monkeypox a public health emergency due to the spread of the virus in the area. The public health emergency designation allows officials to issue emergency orders under the city health code and implement measures to help slow down the spread of the virus.
"New York City is currently the epicenter of the outbreak, and we estimate that approximately 150,000 New Yorkers may currently be at risk for monkeypox exposure," NYC Mayor Eric Adams and NYC Department of Health and Mental Hygiene Commissioner Dr. Ashwin Vasan said Saturdayin a joint statement.
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