Wednesday 3 June 2020

JUNE 3 P.M.




















This was a bad day for the COVID VACCINE 23 (Sorrento (SRNE) was added to make the 23).
 
18 of them were down with only five up.

Heat Biologics (HTBX) was the winner, up 4.33%, after two terrible days. Heat started the week at $1.02 and is now at 83 cents.  One of the four winners was the big boy, Moderna (MRNA), but only very marginally after an up and down day.


Translate (TBIO) dropped 18.64% and was the biggest loser of the session.  This short article did not get it right today:



COVID Vaccine stocks seems to run contrary to the market. When fear of COVID peaks, so do these stocks. Today, with reports of less jobs lost than predicted and a report that some 79% of small businesses have re-opened it was a bullish day with the Dow up 527 points. Without the fear and nothing too exciting on vaccine tests, the stocks tumbled. Predator law firms are not helping.

COVID VACCINE stocks fell an average of 3.75%.




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