Diamonds and Dogs
Regeneron Pharmaceuticals (REGN) positive data for their COVID-19 antibody therapy. The stock is up a percent as their antibody can cut the risk of death in patients who have been hospitalized by 20%. This is the first-time clinical research has demonstrated that Regeneron's antibody treatment has improved survival for hospitalized patients. In the last week, the U.S. added a fourth vaccine from Novavax to compliment the vaccines from Pfizer, Moderna and J&J.
Best Buy (BBY) wants to be more like Lowes? Best Buy is down 2% as the company, struggling to grow sales, will add luggage, outdoor grills and patio furniture to their website. Not sure this will work.
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