Thursday 20 August 2020

FLAT RESULTS FOR COVID VACCINE STOCKS



After two losing days, 14 COVID VACCINE STOCKS were up and 14 down today to register a flat day overall.  The average return for the stocks was a loss of just under 0.3%. 

CureVac continued to bounce with a large 16% gain today based on news of vaccine arrangements with the EU.  Altimmune had a good day of just under 7%.

iBio lead on the downside with a 17% drop. Heat Biologics, GeoVax, Nano Viricides and Tonix also had poor day with high single digit losses. The smaller companies continued to tend lower compared to the large market value stocks.
 

No comments:

Post a Comment