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Here's How Large Airline Option Traders Are Playing The Wuhan Coronavirus Scare
Thursday, January 23, 2020 - 2:20pm | 723Southwest Airlines Co (NYSE: LUV) has been mostly grounded in the past year, gaining just 7%. However, the Wuhan coronavirus has investors worried about the near-term outlook for international travel, and large option traders appear to be betting on domestic U.S. airline Southwest over its...
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Vir Biotech 'Aggressively Working' On Potential Wuhan Coronavirus Treatment
Thursday, January 23, 2020 - 10:10am | 260Shares of Vir Biotechnology Inc (NASDAQ: VIR), which went public in October, are poised to trade sharply higher after the San Francisco-based company announced a multi-pronged strategy for tacking the deadly coronavirus that originated in the Wuhan province of China and has spread panic wave across...
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Co-Diagnostics Rallies On Plans To Develop Screening Test For Coronavirus
Thursday, January 23, 2020 - 9:37am | 309Shares of molecular diagnostic company Co-Diagnostics Inc (NASDAQ: CODX) are riding high on the Wuhan coronavirus wave, at their highest level in about a year. The Utah-based company said it has completed principle design work for a PCR screening test for the new coronavirus, 2019-nCoV, which will...
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Analyst: Casino Sell-Offs 'Could Be An Overreaction' To Wuhan Coronavirus
Wednesday, January 22, 2020 - 10:47am | 557Macau casino stocks were hammered on Tuesday as investors worried fears over the deadly coronavirus in China would hurt Macau’s gaming revenue during the upcoming Chinese New Year period. Bank of America analyst Shaun Kelley said the market may be overreacting to the situation. The CDC has...