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Hopes for a Vaccine Rise: Can Aviation-Related Stocks See a Rebound?
By The Smart Investor  •  November 18, 2020
There has been a raft of good news this week regarding the COVID-19 pandemic. First off, on 9 November, Pfizer (NYSE: PFE), along with German biotechnology company BioNTech, announced interim results on its vaccine candidate that showed a 90% efficacy rate. Of the 44,000 volunteers who participated in the vaccine trial, data shows that more people who received the placebo developed COVID-19, versus those who received the actual vaccine. Recently just two days ago, Moderna Therapeutics (NASDAQ: MRNA) announced that its vaccine candidate achieved an even higher efficacy rate of 94.5% against the dreaded disease. For many, these two pieces of news are like a breath of fresh air after a tough year. But there are still significant challenges to delivering these vaccines to the general populace. For one, transportation and storage are a challenge as Pfizer’s vaccine needs to be kept at minus 70 degrees Celsius and can only last up to five days with refrigeration....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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