Korea Air Stocks Sees a Big Rally Due to Hope of Effective COVID Vaccine

This is going to be great news for the travel industry once this vaccine gets released:

South Korean travel-related stocks rallied Tuesday on growing hopes that the COVID-19 pandemic could be subdued after U.S. pharmaceutical giant Pfizer Inc. reported promising results for its new coronavirus vaccine.

Pfizer announced Monday (U.S. time) that its vaccine candidate developed with BioNTech SE was found to be more than 90 percent effective in preventing COVID-19, signaling progress in the global fight against the pandemic.

Local airline stocks, which have taken a beating this year from the pandemic, were buoyed by the report.

Shares in South Korea’s largest carrier, Korean Air Lines Co., soared 11.24 percent to 24,250 won (US$22), outperforming the broader KOSPI’s 0.23 percent gain. The carrier’s stock price spiked as high as 23.62 percent during the session.

Yonhap

You can read more at the link, but anyone think that this will be called the Biden Vaccine by the media once it is available to be released?

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flyingsword
5 years ago

Amazing how this now announced after the fraud election

johnhenry
johnhenry
5 years ago

Fraudulent election? Yeah, right. A number of courts have already sent Trump’s flacks packing because they just say the election is fraudulent, but they have no proof. Here’s something else to consider: the republicans who won rep/senate contests are celebrating, so they believe those votes are not fraudulent. Aren’t they on the same ballot as the pres/vp?

johnhenry
johnhenry
5 years ago

They must believe it’s Schrödinger’s election!

ChickenHead
ChickenHead
5 years ago

Johnhenry’s boyfriend is going to have to be gentle with all the butthurt Johnhenry is going to feel when he gets 4 more years of Trump pounded up his backside.

The counting isn’t even over and the media is programming drones like him to actually believe the election is settled…

…kinda remind me of global warming science being settled when every year for 30 years we are told about how the upcoming tipping point is just a few years away.

And to answer your question, there are several reasons why Republican rep/sen candidates are celebrating their win.

1. “Glitches” and mistakes ALWAYS send votes from Republicans to Democrats. If they won, they did so by overcoming the fraud. Their win is pretty secure.

2. This election saw (in contested states only) a RECORD number of ballots that mysteriously only voted for Biden but left all other decisions blank. For Trump, the difference is in the expected hundreds. For Biden, it is in the tens of thousands.

Nice try with Schrödinger’s Election. But no. Nothing like that. Unlike the cat which has a fully indeterminate status until observed, the election outcome can be determined through classical statistics. The fraud is clear to anyone with math ability… which explains why lefty staticians are not even trying to explain it away.

The election fraud is a big house of cards… and, despite everyone from China-controlled media to the Administrative State trying to prop it up, it will likely crumble.

While the little tools like johnhenry think it will succeed, NeverTrump leadership knew it never would. Election night plywood hasn’t been removed in Democrat cities. They know.

The impossibility of successful fraud was never the goal. Disruption, creating doubt, and four more years of “but Hillary got the popular vote” style calls of “He’s Not My President because it was an illegitimate election” was the realistic goal.

But in fewer than 6 weeks, we will know for sure.

liz
liz
5 years ago

I’ve heard the moon and mars missions are off if Biden is elected.
He’s not interested in funding the space program.

liz
liz
5 years ago

Funny how for years the liberals pointed to the “long list…something must be on there!” for Russia collusion. Now there’s another much longer list (of discrepancies in this case) and nothing to see here!
Time will tell. If everything is investigated and nothing is found, then the liberals can say with some confidence that there’s nothing to see. At present that is not the case.
Nice try though.

Beijing Boy
5 years ago

Trump has been fired. Trump’s minions should stop crying. Accept it. You lost.

liz
liz
5 years ago

Ignoring moronic, self-described Beijing controlled bots….our airline stocks have gone up also.

setnaffa
setnaffa
5 years ago

Speaking of people raising their voices, americanmilitarynews com/2020/11/north-koreans-reject-new-anti-smoking-law-criticize-leader-kim-jong-un-as-chain-smoker/

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