Diamonds and Dogs
Moderna working on a vaccine to protect against Covid-19 and the flu. Moderna is up 7% as the company announces plans for a new vaccine to fight two viruses. Moderna's Covid-19 vaccine is expected to bring in $20 billion in sales this year alone. The reopening stocks are performing well today on this news.
What goes up can also go down. Boston Beer (SAM) had a great 2020, nearly quadrupling in value. However, 2021 has not been as kind as the stock is down nearly 50% and down 3% today as the company cuts guidance due to slowing seltzer sales.
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