Why Event and Travel Booking Stocks Popped Today
Shares of several live event and travel booking companies have popped today on broad optimism regarding a potential coronavirus vaccine. Clinical-stage biotech Moderna (NASDAQ: MRNA) announced yesterday that it had published an interim analysis of its mRNA-1273 vaccine candidate in The New England Journal of Medicine that showed promising results.
The vaccine candidate "induced rapid and strong immune responses" against SARS-CoV-2 with no serious side effects. The news is boosting stocks in the live event and travel booking industries, both of which have been decimated by the pandemic.
Here's how these companies were trading as of 1:20 p.m. EDT.
Source Fool.com
