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“12:49p ET 8/18/2022 - Dow Jones
Blue Water Vaccines Down 38% After Wednesday Surge


By Josh Beckerman

Blue Water Vaccines Inc. shares were down 38% at $4.74, a day after nearly tripling on news that the company is exploring use of its virus-like particle platform for a monkeypox vaccine candidate.

The stock closed at $2.55 Tuesday and $7.64 Wednesday.

Blue Water's operations include development of a universal flu vaccine to provide protection from all virulent strains. When it reported second-quarter results on Monday, the company said it believes its cash and cash equivalents are sufficient to fund operations through 2024.

Write to Josh Beckerman at [e-mail]

(END) Dow Jones Newswires

August 18, 2022 12:49 ET (16:49 GMT)
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