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Pfizers vaccine news sends stock markets biggest 2020 losers soaring pfizer and biontech have announced their covid 19 vaccine is effective and stocks are on the move.

Mmr vaccine schedule for babies. Pfizer stock is lower because the covid 19 vaccine looms over earnings after giving shots to more than 42000 volunteers in its covid 19 vaccine trial pfizer is getting close to knowing whether. 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. Pfe and its german biotech partner biontech nasdaq.

The stock markets surged to new records soon after the drug companies announcement on monday november 9. Investors also breathed a sigh of. Zoom dropped by 15.

Stay at home stocks like zoom amazon and netflix plunged on monday morning after pfizer announced that its covid 19 vaccine had proven to be 90 percent effective in trials. Pfizer shares rocketed 15 higher though that reaction seems based more on sentiment than reality. Stocks were already set to soar monday after joe biden was elected 46th us president but wall streets enthusiasm kicked into an even higher gear after pfizer and biontech announced positive.

Bntx will likely have first mover advantage in the novel coronavirus vaccine race in the usthis will affect pfe stock once. Even a blockbuster vaccine wouldnt make a huge difference to such a large companys financials. Stock markets surge after pfizer announces breakthrough.

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