Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Hazmat Suit Company's Shares Go Parabolic

Myles UdlandOct 9, 2014, 20:09 IST

Shares of Lakeland Industrieswere up more than 30% on Thursday morning.

The company makes hazmat suits and its stock has been rallying following recent news of Ebola cases in Dallas and Spain.

Thursday's rally brings Lakeland's recent rally to more than 140% over the last month.

This so-called "Ebola trade" has also come with volatile trading in shares of drugmakers Tekmira, BioCryst, Sarepta, and Chimerix.

In early trade Thursday, Tekmira, BioCryst, and Sarepta shares were down more than 2%, while Chimerix was little changed.

Here's the recent chart of Lakeland, which has gone absolutely parabolic in the last month.