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Zoom, Peloton stocks free fall on COVID vaccine news

Zoom, Peloton stocks free fall on COVID vaccine news

Company stocks benefited from the pandemic, including Zoom, Peloton, Netflix and Amazon declined post Pfizer announcement that it is inching closer to a Covid-19 vaccine that could let people get back to the office. Zoom stock crashed over 16% following the announcement, as investors felt that the pandemic fueled work from home could be ending soon.

Milan
Milan
Corvid
Corvid 2 months

Further evidence the stock market is totally disconnected from reality.

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