During Market hours Friday (27.11.2020):
Stocks rose on Friday as traders wrapped up a strong week amid decreasing political uncertainty and positive vaccine news.
- The S&P 500 (Symbol: SPY) gained 0.3%. The Nasdaq (Symbol: QQQ) advanced 0.9%. The Dow (Symbol: DIA) closed higher by 0.2%. Friday’s session ended at 1 p.m. ET.
- Moderna (Symbol: MRNA) The drugmaker’s stock jumped 16.3% after AstraZeneca’s CEO said the company would run another trial on its coronavirus vaccine candidate amid questions over the drug’s effectiveness.
- Tesla (Symbol: TSLA) Shares of Tesla jumped more than 2%, bringing its weekly gains to more than 19% and its rally this year to 600%. The stock has been on a tear after it was selected for inclusion in the S&P 500 benchmark.
- Carnival (Symbol: CCL), MGM Resorts (Symbol: MGM) Shares of stocks that hinge on the economy reopening rose amid a week of positive vaccine developments. Carnival rose 4.5% and Norwegian Cruise Line (Symbol: NCLH) and Royal Caribbean (Symbol: RCL) gained 2% and 1.7%, respectively. Casinos stock MGM Resorts (Symbol: MGM), popped 0.8% and Wynn Resorts (Symbol: WYNN) rose more than 0.8%.
- Mesa Air Group (Symbol: MESA) Shares of the regional airline popped 7% following news that billionaire investor Ron Burkle owns a 7.8% stake in the company, SEC filing showed. The stock is down nearly 30% in 2020 as the pandemic hit air travel.
During Premarket hours today – Monday (30.11.2020):
- Moderna (Symbol: MRNA) Shares Moderna rose more than 11% in premarket trading after the drugmaker said new data confirms the vaccine is more than 94% effective in preventing Covid-19.
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