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Bloomberg

(Bloomberg) — Drug and vaccine makers working on Covid-19 medicines rallied after President Donald Trump hinted at a “big surprise” coming soon, while day traders continued to favor a handful of smaller developers.Vaxart Inc., which also said it made a deal to scale up production of its experimental vaccine, was among the standouts, gaining as much as 57% on Thursday. Lesser-known drug developers working on medicines for Covid-19, like microcap NanoViricides Inc., jumped as much as 25%, while CytoDyn Inc. surged 33%.Sorrento Therapeutics Inc. climbed 30% before paring its gain. The stock shot up and appeared on investor radars in May after the chief executive and founder touted early data on Fox News.Some Wall Street analysts have suggested that Trump may try to push through a vaccine before the November election to score a win in the eyes of voters, spurring concerns about safety and effectiveness. With a

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