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Pfizer Stock Covid, Global Stock Markets Surge After Pfizer Covid Vaccine News Adaderana Biz English Sri Lanka Business News

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Following pfizer and biontechs announcement about their covid 19 vaccine showing 90 percent efficacy the global stock markets have soared giving major hopes that economies around the world can soon return to normal.

Covid vaccine launched in bahrain. Fste 100 enjoyed its best day since before lockdown in march after better than expected trial results. Pfe and biontech bntx have developed a vaccine that reportedly could be available by december. Pfizer is the senior partner in a covid 19 vaccine effort built on technology from biontech nasdaq.

Shares of germany based biontech se bntx 1391 shot up 234 and pfizer inc. Heres which stock appears to be the better pick right now. The stock markets surged to new records soon after the drug companies announcement on monday november 9.

At long last our global covid 19 nightmare may be getting closer to an end. Winners and losers as shares surge after. Pfizer both companies have active covid 19 programs.

Investors seeking a profit on that play have been. Pfizer for instance tacked on over 33 billion in market capitalization at one point this year solely because of its promising mrna vaccine platform for coronavirus which is being co developed. Pfizer stock leapt as much as 15 on monday after the drugmaker announced that its experimental covid 19 vaccine succeeded in late stage trials.

If the pfizer covid vaccine turns out to be the real deal then this is a game changer chris zaccarelli chief investment officer for independent advisor alliance told investors in a note. Pfizer said it would apply to the us food and drug.

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