29 January 2021, 8:19 pm EST By
Novavax (NVAX) stock soared high this friday shortly after announcing that its coronavirus vaccine was nearly 90% effective. The NVAX stock catapulted to about 65% which was roughly a 6-year high for the company. The experimental vaccine has currently surpassed its final phase test. It also claims to be effective against the U.K and South African variant of the virus, which puts it at the spotlight among investors.
(Photo : Screenshot Youtube Video by Evening Standard)
According to Investors, the experimental vaccine was effective at precisely 89.3% and was to be completed with two shots. The results were published in a U.K study according to a press release by Novavax last thursday. Investors swiftly compared this to Johnson & Johnson s which was only 66% effective against the Coronavirus and was to be completed at one shot. Furthermore, the Johnson & Johnson vaccine was not tested agianst the U.K and South African mutation of the virus.
28 January 2021, 10:09 pm EST By
Following the trend, American Airlines shares have skyrocketed on Thursday as retail investors has made the struggling airline the next target. The company has gone down the drain after reporting a $8.8 billion loss for their 2020 financial results. As reported by NY Times reports, the company had about 30 percent of stock increase before giving up a huge portion of those gains. The day ends up with an increase of more than 9 percent.
(Photo : Screenshot: Youtube Video by American Airlines)
Apparently, the I ll prove you wrong game by retail investors from an infamous Reddit page Wall Street Bets seems to only get stronger by day. Recently, investors of this page have caused a surge in troubled companies like GameStop and AMC. The page is known to hold numerous market discussions by retail investors with the goal of taking down some of Wall Street s most ferocious investors. On a Wednesday night, one Reddit user suggested targeting American Air
27 January 2021, 8:20 pm EST By
Last week, the world has seen a surge in GameStop, BlackBerry and AMC stocks, thanks to the WallStreetBets Reddit forum that has been nothing but a source of encouragement to optimistic investors. Now, new data from Appfigures today shows how the uptick in retail investing has also caused pushed apps like Robinhood and Reddit up above the top Apple Store Charts.
(Photo : Screenshot Youtube Video by Andrei Jikh)
GamStop Stock Increase
Accoridng to 9to5Mac, ameStop has seen an incredible rise in stocks amounting to about 1,350% since the last month after a series of consecutive months of fall. Many pessimistic investors have been betting against GameStop s potential but the results prove them otherwise. The investment has been driven in large part by members of the WallStreetBets subreddit forum. Following the rise of GME stocks, other companies have also seen a push including AMC Entertainment Holdings (AMC), BlackBerry (BB), Nokia (NOK), Express