Ebola-related Shares Rally In Premarket As Texas Nurse Tests Positive

Shares of companies that are part of the growing effort to find an effective treatment for the deadly Ebola virus were sharply higher in premarket trade Monday, after a nurse who cared for the Ebola patient who died in Dallas last week tested positive for the disease. Among the gainers, penny stock Ibio surged 77% to $2.61, on reports it may become part of the government's effort to ramp up production of ZMapp. The experimental drug was developed by privately-held Mapp Biophamaceuticals and used to save the lives of two American health workers who were infected but recovered. Shares of Tekmira Pharmaceuticals Corp. , maker of the TKM-Ebola drug, rose 5.8%. Shares of Hazmat-suit maker Lakeland Industries rose 22.3%. Shares of Alpha Pro Tech , which makes face masks, climbed 17%.