PFE - Why Stamps.com iRobot and 2U Stocks Got Crushed by Today's Vaccine News
Pfizer (NYSE: PFE) announced Monday that its vaccine candidate BNT162b2 appears to be even more effective at preventing COVID-19 than anyone had hoped -- on the order of 90%! Stock markets loved that news, and today the Dow Jones Industrial Average is soaring nearly 5% as investors place their bets on a recovery.
But not all stocks are faring so well. It looks like shares of Stamps.com (NASDAQ: STMP) , iRobot (NASDAQ: IRBT) , and 2U (NASDAQ: TWOU) are getting simply devastated by today's news, down 9.9%, 10.5%, and 16.2%, respectively, in 12:45 p.m. EST trading.
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Why Stamps.com, iRobot, and 2U Stocks Got Crushed by Today's Vaccine News