Thursday 23 July 2020

Sea of Red Ink plunges COVID VACCINE STOCKS down 5% on average




Payback time. Wretched sell off today for the COVID VACCINE STOCKS. The average for all the stocks was a drop of just under 5%. Twenty-three of the stocks were down with only four registering a positive number. Tonix kept up a great week, bucking the trend and registering a nice 16% gain. iBio was also up 6.5%.

Little GeoVax got a lot smaller with 20% drop after some nice gains earlier this week. BioNTech dropped 15%, Biondvax was down 12% and Arcturus Therapeutics was down 11%. 

As bad as this day was, it will take several more down days and much worse to make these stocks into losers during this ongoing COVID crisis. 

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