Peloton’s stock fell by 25% on Monday after drug manufacturer Pfizer announced that its COVID-19 vaccine test was 90% effective in preventing infections.
Several of the so-called “domestic” values have fallen. A COVID-19 vaccine can be the bottom line for corporations like Peloton if consumers can safely return to public training spaces. prospect of resumption of travel.
Meanwhile, Pfizer jumped 13% to intraday highs on Monday.
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