Markets

The so-called reopening trade surges on Moderna vaccine trial success

On Tuesday, Moderna announced that its coronavirus vaccine produced a “robust” immune response in all 45 patients in an early stage human trial. Shares of the so-called reopening trade, which includes airlines, cruise lines, and retail stocks, surged in premarket trading Wednesday. The reopening trade consists of stocks that would […]
The so-called reopening trade surges on Moderna vaccine trial success