Novavax and Moderna shares have started to fall. The reasons are as follows: Novavax has postponed its application to the FDA, and its quarterly report is weak, while Moderna shares are naturally correcting. Tech analysis of Novavax and Moderna shares.
Pfizer reported growth of its quarterly revenue and profit by 45%. Sales of the vaccine against COVID-19 yielded $3.5 billion, which was 59% than forecast. However, after the report was published, the shares grew by 0.3% only.
Why are AstraZeneca stocks growing regardless of bad news? The EU stopped using the vaccine fearing possible thrombosis in patients. The terms of production and supply are violate.
In 2020, the overall yearly income of major IT companies increased by 24% to 1.1 trillion USD, while their market capitalization grew by 50%, reaching 8 trillion USD. As you might have guessed, we’re talking about Apple, Microsoft, Amazon, Alphabet, and Facebook.
Pandemic, quarantine, vaccines, the growth of the IT sector, antitrust litigation of technology corporations, the explosive success of Tesla, and, of course, Brexit - these are our most significant events of the year.
Specially for you, we’ve made the rating of the most dramatic ups and downs of prices in 2020. Find out how shaky were Chesapeake Energy, Biogen, Eastman Kodak shares, as well as WTI prices. Try to guess the key reason for such volatility.
What does the appearance of the new strain mean?
Donald Trump did fall prey to the coronavirus but recovered. For us it will be crucial to find out which drugs were used for healing Trump.
The coronavirus COVID-19 pandemic struck the tourist industry most severely; the tourist industry, in its turn, pulled down airlines. Stocks of the world's largest airlines fell to a minimum costs and the companies started filing for bankruptcy. Passenger flow shrunk by over 80%; nowadays, airlines struggle to fill their airplanes with passengers and survive the crisis.
On January 29th, 2020 I published an article about Novavax (NASDAQ: NVAX) Which Stocks Grow During Coronavirus Epidemic?. I could not imagine then that the stock price of this company will sky-rocket to 100 USD. I turned out there were no limits to the greed of investors.
The crisis goes on; however, it is time to choose the stocks worth buying. It is rather difficult to find the bottom of the stock market; nonetheless, in our situation, the coronavirus data will be the hint. Special attention should be paid to China, where the virus first appeared.
COVID-19. Unofficially, we have a vaccine. Officially, we might have it in May.