Diamonds and Dogs

6/23/21

Ford Motor (F) up 4% near a yearly high as the company develops an electric Mustang Mach-E GT that meets EPA standards and can go at least 260 miles on a single charge. Barclays upgraded Ford yesterday with a $17 price target.

Moderna (MRNA) and Pfizer (PFE) taking a hit. Pfizer is down a percent as Moderna drops 3% as the CDC admits there are rare cases of heart inflammation in adolescents and young adults from the Pfizer/BioNTech and Moderna COVID-19 shots. The heart inflammation cases are at a rate of 12 cases per million in the three weeks after the second shot in 12- to 39-year-olds, particularly in males. The CDC also said patients with heart inflammation following vaccination generally recover from the symptoms and do well.

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