UAL - Travel sector soars after Moderna reports positive vaccine results

A week after the big Pfizer vaccine news, travel and leisure stocks are higher after Moderna reports a 94.5% efficacy rate for its COVID-19 vaccine in a Phase 3 trial without any safety concerns. Airlines: Delta Air Lines (DAL) +5.33%, American Airlines Group (AAL) +5.96%, Southwest Airlines (LUV) +5.65%, JetBlue (JBLU) +8.90%, Spirit Airlines (SAVE) +8.92%, United Airline (UAL) +8.97%. Hotels: Hyatt Hotels (H) +4.21%, Marriott International (MAR) +5.44%, Hilton Worldwide (HLT) +5.20%. Theme parks: Cedar Fair (FUN) +5.05%, SeaWorld International (SEAS) +3.05%, Six Flags Entertainment (SIX) +9.19%. Cruise lines: Carnival (CCL) +6.81%, Norwegian Cruise Line Holdings (NCLH) +9.67%, Royal Caribbean (RCL) +6.40%.Today's vaccine developments: Moderna's COVID-19 vaccine shows 94.5% efficacy, expects EUA submission in coming weeks and Moderna's COVID-19 vaccine candidate has longer shelf life.

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Travel sector soars after Moderna reports positive vaccine results