Thursday 1 April 2021

Flat Day to end week. Emergent Bio smoked through human error - down 13%


A relatively flat day to end the Easter-shortened week. The overall average gained 0.1% with 16 stocks gaining ground and 11 falling.

The biggest mover was Emergent Bio, which was hit with claims human error at the company caused a significant number of vaccines to be ruined as part of the manufacturing process. Its stock took a 13% hit, briefly dropping below the $80 mark. 

Gritstone was the strongest stock to the upside gaining 8% while Onco Sec was also strong, climbing 6.5%. IBio was strong as well, up just under 6%.

 

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