TCO - Simon Property and Realty Income lead retail landlords after Pfizer's vaccine data
Early numbers from the Pfizer/BioNTech Phase 2/3 trial of its Covid-19 vaccine candidate show 90% effectiveness after the second dose.It's looking like a big day for stocks, particularly those hit most by the idea of an ongoing pandemic. Among those are traditional retail landlords.Simon Property Group (SPG) +18%, Realty Income (O) +6%, Tanger Factory (SKT) +15%, National Retail (NNN) +10%, Macerich (MAC) +19%, Kimco (KIM) +11%, Taubman Centers (TCO) +9.5%.Of particular interest, EPR Properties (EPR), which specializes in renting to things like theaters, is up 38%. AMC Entertainment (AMC) is higher by 80%.
For further details see:
Simon Property and Realty Income lead retail landlords after Pfizer's vaccine data