Another serious sell off for COVID VACCINE STOCKS after a stellar start to the week. Only 2 of the 27 stocks managed to eke out a gain: IMV and Emergent BioSolutions.
The fall was rather orderly as there were only three of the stocks with double digit losses: Dynavax, Vaxart and Inovio. The average stock lost 4.4%, slightly less than yesterday.
Moderna lost 2.8% after losing a judicial decision in a patent battle over its vaccine with Arbutus BioPharma.
No comments:
Post a Comment