Why Shares of NCR Corporation Were Rising Today

Shares of NCR Corporation (NYSE: NCR) jumped this morning as investors were processing positive news that a potential vaccine for COVID-19 showed promise in early human testing.

As of 12:01 P.M. EST, NCR's stock was up 9.6%.

The coronavirus has wreaked havoc on the health of people across the globe and has impacted nearly every industry, but today's news gave investors a glimmer of hope that a vaccine may be on the way. Moderna, a biotech company, said today that a potential coronavirus vaccine has shown positive results with early human testing.