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-0.00197200659788825 -0.00479688981440197 -0.00501335596126122 -0.00187459683180157 -0.0101003104124546 -0.00826034816415058 0.00438127481243202 0.0141438980357861
Stock impact report

Biotech stocks surge as people are 'hungry' for good news on the coronavirus [MSNBC.com]

Moderna, Inc. (MRNA) 
Last moderna, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: marinabio.com/investor-relations
Company Research Source: MSNBC.com
Biotech stocks surged Friday after new details on a closely watched clinical trial lifted hopes that scientists may be close to a treatment for the coronavirus, which continues to maintain its foothold across the globe after emerging a little over three months ago.TheIBBSTAT News revealedGilead SciencesNews that biotech firmModerna Those investors could be taking their hunger and channeling it into buying shares, they said."You could argue [Gilead] buyers are hungry for good news while Moderna buyers are starving for it," said Mike Bailey, director of research at FBB Capital Partners and a former health-care analyst at Stifel.There are no proven therapies to treat Covid-19, which has infected more than 2.1 million worldwide and killed at least 147,384 as of late Friday morning, according to data compiled by Johns Hopkins University.Health officials say producing a vaccine to prevent the disease will take at least 12 to 18 months, making finding an effective drug treatment soon even mo Show less Read more
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