Boxes containing vials of the Moderna Covid-19 vaccine are stored at the Kedren Community Health Center on January 25, 2021 in Los Angeles, California.
Patrick T. Fallon | AFP | Getty Images
Check out the companies making headlines in midday trading.
Moderna — Moderna shares surged 5.1% after the company said its Covid vaccine showed promise in a lab setting in protecting against coronavirus variants, including the highly contagious delta variant first identified in India.
Banks — Big banks saw their shares gain after announcing dividend increases following the Fed’s latest stress tests. Morgan Stanley shares gained 3.3% after the bank said it would double its dividend. Goldman Sachs…