Why Heat Biologics Stock Surged Today

Why Heat Biologics Stock Surged Today

Shares of Heat Biologics (NASDAQ: HTBX) popped on Thursday after the biopharmaceutical company shared promising preclinical data for its COVID-19 vaccine. As of 1:30 p.m. EDT, Heat Biologics' stock was up 15% after rising as much as 23% earlier in the day. Heat Biologics said data generated at the University of Miami Miller School of Medicine showed a "robust T cell driven immune response" to SARS-CoV-2, the virus that causes COVID-19.