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3 Stocks That Are Actually Up Because of the Coronavirus


Last week, the stock market experienced its worst week since 2008. The culprit for that long-awaited correction was none other than the COVID-19 epidemic. The coronavirus keeps spreading worldwide and is threatening to become a full-blown pandemic.

According to the latest numbers from the Centers for Disease Control and Prevention (CDC), more than a dozen states in the U.S. have confirmed cases of COVID-19, and more than 10 people in the U.S. have died as a result. The World Health Organization said more than 80 countries have confirmed cases of COVID-19, and more than 3,100 people have died. No one knows how long this crisis will continue, but amid all this frenzy, some stocks have made healthy gains because of the COVID-19 outbreak. Let's talk about three of these stocks: Gilead Sciences (NASDAQ: GILD), Inovio Pharmaceuticals (NASDAQ: INO), and Moderna (NASDAQ: MRNA).

Image source: Getty Images.

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Source Fool.com

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