AZN , HIK all are down so it is sector based movement which is temporary20 Oct 2020 19:25
Small movement of price like this is expected in otherwise a very volatile market. This is not isolated to GSK , AZN and HIK is down too. One thing is for sure Covid vaccine is going to have some hiccups ( due to other Bioitech trying untested technology) and scepticism among many people, then will come the great daddy of all GSK with all the experience and infrastructure in place. Also one should not forget that there will be roughly 3 billions x2 dosage will be needed and it will be in multiple steps on the top of that this is likely to remain in community like oflu and would require seasonal vaccine. Now all this information does not make you have confidence in GSK then good luck but I have a gut feeling this is GSK's time and it will surpass every stocks in the world but some patience is needed .