Stock Market Alert - SIGA was one of the big winners in the stock market on Wednesday, trading up over 82% to close the regular session at $4.95 after the company announced that their smallpox drug had been granted orphan drug status. Volume was extremely heavy on the day, with over 16 million shares of the stock changing hands, compared to a normal daily average volume of 2.4 million shares traded. The stock came within 36 cents of its 52 week high of $5.50, touching an intraday high of $5.14. As of Wednesday’s close, SIGA had a market cap of just over $155 million dollars.
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