The smaller COVID VACCINE STOCKS blew up today. Tonix Pharma almost doubled. iBio was up by almost two thirds. Heat Biogolics, PDS Bio and GeoVax all exploded northward.
Moderna fell back almost 13% on the news about the Oxford University -AstraZeneca vaccine and on a patent dispute with Arbutus Biopharma. Headlines from the work in the UK were positive, but some of the finer print was somewhat negative.
The average COVID VACCINE STOCK was on average more than 13% making it the number one day so far for these stocks overall. Twenty were up and seven were down.
Where are we on this hike? Are we nearing the extremely steep peak of this mountain or does this mountain extend further to the heavens?
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