The stock market saw a mixed day on Friday, with shares of vaccine makers and travel companies gaining ground while those associated with health insurers and tech firms declined. Reports from Chinese researchers identified a bat coronavirus that may be able to jump to humans, sparking concerns among investors. However, former FDA Commissioner Scott Gottlieb downplayed the risk, calling it “flimsy.” The move was also influenced by economic data and policy uncertainty, as well as news of a Justice Department investigation into UnitedHealth Group.
Source: https://www.investopedia.com/moderna-and-other-vaccine-stocks-climb-amid-concerns-about-coronavirus-study-in-china-11684474