SEAS - Hot Stocks: COVID worries drag restaurants; MRNA reaches new high; HOOD rallies above IPO price; EJH plunges
The looming prospect of renewed COVID restrictions became a central topic of Wall Street discussion on Tuesday. Worries about a new wave of shutdowns in response to the Delta variant drove down leisure and restaurant stocks, including slides in BJ's Restaurants (NASDAQ:BJRI), Cheesecake Factory (NASDAQ:CAKE) and SeaWorld Entertainment (NYSE:SEAS). The lingering concerns about COVID gave a boost to other areas of the market. Moderna, Inc. (NASDAQ:MRNA), for instance, rode the likely necessity for further vaccinations to a new 52-week high. Shares were further supported by a positive ruling from U.S. regulators for another product. On the other end of the spectrum, Dun & Bradstreet (NYSE:DNB) hit a fresh 52-week low. Disappointing quarterly results sparked a sharp decline. Robinhood (NASDAQ:HOOD) returned to the spotlight on Tuesday. After a choppy start to its public career last week, the recent IPO spiked during the day to close above its offering price for the
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Hot Stocks: COVID worries drag restaurants; MRNA reaches new high; HOOD rallies above IPO price; EJH plunges