Bad News For Vaccines

Yes, you’re probably tired of hearing about the Delta variant. We’re sorry, but this is the news: vaccine stocks fell today after a new study indicated that vaccines’ effectiveness is not as strong against the rising Delta variant as previously indicated.

The study indicated that the Pfizer and Moderna vaccines sharply declined in effectiveness against the Delta variant as it raged throughout June and July. Moderna’s vaccine was 76% effective and Pfizer’s, 42%.

Ironically, Moderna took the brunt of that bad news. $MRNA has appreciated significant gains since joining the S&P 500, but lost 16% today. 😥

Pfizer, which hasn’t felt nearly as much love as Moderna, lost about 4% today. Their partner in ‘rona-related business, BioNTech, also fell in sympathy with Moderna. $BNTX decreased 13.7% today.

This news comes with a big asterisk, of course: the study is a pre-print and has yet to be peer-reviewed. But this isn’t the first time researchers have underscored vaccines’ weakness against the Delta variant. With scientists worried about new variants, the need for a booster vaccine is likely. 

Learn More About...

More in   Stocks

View All

Investors Ditch China For Nvidia

While everyone is looking at the S&P 500 closing above 5,000 as this week’s stat of the week, MarketWatch is flagging another wild data point. 🚨

As you can see from the headline snippet above, Nvidia is now worth as much as the entire Chinese stock market. While several stocks already have achieved this feat, they’re bigger conglomerates with many businesses under one roof. But Nvidia is a chip designer and manufacturer with a more straightforward business model, making this that much crazier of an occurrence. 

Read It

Biotech Investors Target PHAT Gains

As we’ve been highlighting for a long time, investors and traders continue to seek opportunities in the micro and small-cap healthcare space in hopes of a buyout.

With the most prominent players sitting on tons of cash and needing their next growth driver, it seems like there’s a new company being acquired every day. 🤑

Read It

Stocks Reverse From All-Time Highs

For seemingly no good reason, the stock market experienced its first bout of volatility in several weeks today. The sharp turnaround had some latecomers to the party asking how this could happen to them. As such, it seems like a good time to update our handy S&P 500 roadmap we’ve shared throughout the year. 🗺️

The last time we checked in on this was in early November when stocks found support at a confluence of “technical” levels that many market participants were watching. Since then, it’s been quite the wild ride, with the S&P 500 rallying over 16% in about eight weeks and approaching its all-time highs from 2022.

Read It

Trading Competitions: Week 4 Recap

This week’s competition was filled with new names, a change from the last few weeks when several long-term Stocktwits users dominated the leaderboards. But what didn’t change was traders making big gains; let’s see how they did. 👇

Coming in third place was HaltTradeAlert, who made a bullish bet in the pharmaceuticals sector and delivered a 52% weekly gain. Next up was Chaz Russell, who posted a 179% gain after placing bullish bets on Netflix, Carvana, Meta, and other stocks across several sectors. 👀

Read It