Good news for travel industry as couple of 95% effective vaccines (without actual virus in them) expected to be applying for emergency FDA approval in coming few days. This would among other things be killing drum beat of fear being perpetuated and amplified 24X7 in media.
Pfizer says final data analysis shows Covid vaccine is 95% effective, plans to submit to FDA in days
Published Wed, Nov 18 2020 6:46 AM EST Updated An Hour Ago
Berkeley Lovelace
Key Points
- The vaccine, called BNT162b2, becomes highly effective against the virus 28 days after the first dose.
- Its effectiveness was consistent across all ages, races and ethnicities, Pfizer and BioNtech said.
- Additionally, the elderly, who are seen as at high risk of severe illness from Covid-19, saw vaccine effectiveness of more than 94%, the drugmakers added.
https://www.cnbc.com/2020/11/18/coro...a-in-days.html
Travel stocks rally after Moderna's vaccine progress lifts hopes for near-term reopening
Ben Winck
Nov. 16, 2020, 02:48 PM
Robert Alexander/Getty Images
- Airlines, cruises, and hotels all traded higher on Monday as encouraging results from Moderna's vaccine trial boosted the so-called reopening trade.
- Moderna announced Monday morning that its experimental coronavirus vaccine was 94.5% effective at preventing COVID-19 in trial patients.
- United Airlines jumped as much as 8.6%. American Airlines and Delta both gained roughly 6%.
- Cruises stocks rallied more than 8%, while Mariott International and Hilton Hotels also saw strong gains.
Airline, hotel, and cruise stocks surged on Monday as Moderna's encouraging vaccine trial results spurred fresh optimism for an end to the coronavirus pandemic.
The biotech company announced Monday morning that its experimental coronavirus vaccine was 94.5% effective at preventing COVID-19 in a preliminary analysis. The update comes one week after Pfizer and BioNTech revealed similarly positive results from early trials of their own vaccine. While both candidates still need to receive approval from the US Food and Drug Administration, their supposed effectiveness suggests a nationwide rollout could come in 2021.
The news boosted shares of companies hit hardest by the virus and stay-at-home restrictions. United Airlines leaped as much as 8.6%. American Airlines and Delta both jumped roughly 6% shortly after the vaccine news.
https://markets.businessinsider.com/...-11-1029806318
Related
COVID MIRACLE? Pfizer says COVID-19 vaccine is 90% effective, does not contain virus
Foxnews medical expert informed Americans today that 'be afraid of the virus but don't be afraid of this (miracle) vaccine because it does not inject virus in the body but makes its protein in the body after injected".
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