Peloton, Zoom, and Netflix shares are tanking on Pfizer’s vaccine-trial news

 Peloton, Zoom, and Netflix shares are tanking on Pfizer’s vaccine-trial news

Several business that saw substantial boosts to their stock rates during the pandemic sank deeply this morning after Pfizer revealed its vaccine candidate was more than 90%reliable at preventing Covid-19

Pfizer’s early analysis of the vaccine prospect it is establishing with BioNTech has not been peer reviewed or submitted to regulators.

Shares of Peloton, the workout bike business that saw sales spike after health clubs closed around the world, fell more than 26%.

Redak staff

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