Virax Biolabs shares surge 11.81% intraday after introducing RSV-Influenza-COVID triple virus test kit.

think> Okay, let's tackle this. The user provided a stock performance for Virax Biolabs Group with an intraday increase of 11.81%. The task is to determine if this movement was driven by any of the recent news events. First, I need to check the time frame of the news. The stock movement is intraday, so the relevant news should be from around the same day or very recent. The latest news mentioned is from November 3, 2025, but the stock's movement is also on that date. Wait, the user input says the stock performance is "盘中 intraday up 11.81192661%", and the recent news includes a PR Newswire article on November 3, 2025, titled "Virax Biolabs (VRAX) Falls 18% on Lack of Leads." But the summary says "Falls 18%", which is a significant drop. However, the stock actually went up 11.81%. That seems contradictory. Maybe the PR Newswire article is from the same day but earlier? Let me check the details. Looking at the news events, the first one is from November 3, 2025, on prnewswire.com, which states that Virax Biolabs fell 18% due to lack of leads. However, the stock performance is up 11.81% on the same day. That's conflicting. The other news articles are from months prior, like September, March, etc. The most recent news on November 3 is the one about the stock falling 18%, which contradicts the actual upward movement. But wait, maybe there's another news event that's positive. The user listed several news items. Let me scan through again. The first news is the one about the stock falling 18%, but the stock actually went up. The other recent news on November 3 is from markets.businessinsider.com at 11:49 AM: "Virax Biolabs Introduces RSV-Influenza-COVID Triple Virus Antigen Rapid Test Kit". That's a new product launch, which is a positive development. However, the PR Newswire article mentions a 18% drop, which is bearish. But the stock went up. How to reconcile this? Wait, the PR Newswire article's summary says "Virax Biolabs (VRAX) Falls 18% on Lack of Leads." But if that was the same day as the intraday gain, maybe there was a correction or a positive news that came out later in the day. The user's input includes that PR Newswire article but also the introduction of a new test kit on the same day. If the new test kit was announced after the PR Newswire article, that could explain the intraday surge. However, the PR Newswire article's content says "Falls 18%", which might have been a previous issue, but the user's input shows it's from November 3. Wait, the date on the PR Newswire article is November 3, 2025, same as the stock movement. So if the stock fell 18% according to that news, but the actual movement is up 11.81%, that's conflicting. Maybe there's a mistake in the input or the news is misdated. Alternatively, maybe the PR Newswire article is from an earlier date but listed as November 3. Alternatively, perhaps the PR Newswire article is a summary of past performance. The user input might have a formatting issue. Let me check again. The first news event under "Recent News Events" is: "Reason 1: title: Virax Biolabs Group (VRAX) News Today
summary: November 3, 2025 | prnewswire.com https://www.prnewswire.com/news-releases/virax-. Virax Biolabs (VRAX) Falls 18% on Lack of Leads.
content: VRAX: Virax Biolabs transformative preventive diagnostic platform supports higher stock price. finance.yahoo.com - September 21 at 7:14 PM". Wait, the content here is from September 21, 2025. So the summary mentions November 3, but the content is from September 21. That's confusing. It might be that the PR Newswire article is from November 3, but the content is a mix-up. The actual news on November 3 is the introduction of the RSV-Influenza-COVID test kit. Therefore, the key positive news on November 3 is the new product launch, which could explain the intraday surge. The other news on the same day about the 18% drop might be a misdated or incorrect entry. Since the stock actually went up, the relevant positive news is the new test kit.