SIGA is making big moves today. Find out why the stock is trading 21% higher:

Shares of Siga Technologies Inc (SIGA) are trading 21% higher at a price of $21.72 at the time of this writing.

1. Management will host a webcast and conference call to provide a business update at 4:30 P.M. ET on Thursday, August 4 th , 2022.
2. The company is prepared to respond to monkeypox outbreak with TPOXX stockpile upon approval.
3. SIGA Technologies shares have rallied about 50% since the World Health Organization declared monkeypox a public health emergency of global concern.

Siga Technologies Inc has been trading between a 52-week high of $21.84 and a 52-week low of $5.49. The stock has a market cap of $1.57 Billion.

SIGA Technologies, Inc. is a commercial-stage pharmaceutical company focused on the health security market. Health security comprises countermeasures for biological, chemical, radiological and nuclear attacks (biodefense market), vaccines and therapies for emerging infectious diseases, and health preparedness.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

BarryBearerson - 7 upvotes - source
>NYC reports 103 additional monkeypox cases in the city for a total of 1,251 cases. Siga 🚀🚀🚀

asdfhjjjkhebejc - 6 upvotes - source
How far can SIGA go?

Hang10Dude - 6 upvotes - source
I'm very bullish on SIGA. Some calls, but mostly shares, as this could take a long time to play out. I totally understand people not wanting to FOMO in at this point. Makes sense, very reasonable. However most people have not grasped the seriousness of the MPXV situation. SIGA will very likely do 10x from here, if not significantly more.

BigC_Gang - 5 upvotes - source
Thanks for downvoting SIGA all week that’s how I knew it would pay out big 🤑

fickdichdock - 4 upvotes - source
Thread scrolling by so fast, nobody will see that I like gay sex and SIGA

QuinnZps69 - 4 upvotes - source
siga up 15%

Hypersonic_chungus - 4 upvotes - source
Spy 400p September 30 + august 8 SIGA 17.5p September 16 Gonna fucking print lads.

Environmental_Turn_6 - 4 upvotes - source
Me again...... Ligma my siga tards!

BarryBearerson - 4 upvotes - source
>BREAKING: Monkeypox cases around the world surpass 20,000 cases after the CDC reported 1,048 new additional monkeypox cases in the last 24 hours. >USA cases jumps 1,900% from 244 to 4,639 in just 30 days and becomes the country with the most monkeypox cases globally. >https://twitter.com/Monkeypoxtally/status/1552409697315180547?t=CNtYrThYVOe2JUcp1-k5WA&s=19 >The CDC confirms that there are no data regarding the effectiveness of the vaccine in the current monkeypox outbreak. >https://twitter.com/Monkeypoxtally/status/1551999458560413703 >Contra Costa health dept. guidance regarding monkeypox: “Patients presenting with suspected monkeypox should be placed promptly in a single-person exam room with door closed or an airborne isolation room, if available. The patient should remain masked…” >https://twitter.com/LaSeletzky/status/1551716692509609984?t=5A6snLaFm7hC6nanD0TAEg&s=19 Surface + direct contact + airborne. That's why you see this exponential rise. Siga 🚀🚀🚀

Schwimmbo - 4 upvotes - source
SIGA 🚀 Only 50 million in market cap to go before we're officially allowed to talk about the ticker over here lololol.