Friday 4 September 2020

SAME SAD PATTERN FOR COVID VACCINE STOCKS



Same pattern: a few COVID VACCINE STOCKS do well and slightly cushion the devastation all around them. The average loss today was 3.3%. This is of course unsustainable. We'll get to zero at some point here.

Only four stocks managed a gain: CureVac and PDS managed double digit gains. Everything else went straight south - some a long ways south.

Nano Viricides continues to give back its big gains from two days ago, with a loss of 12% today and Novavax has completed the long journey back below 100. Moderna has completed its own journey from a market cap of over $30 B down to under $25 B. 

 

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