RE: Most Covid stocks having a rocky day12 Aug 2020 10:02
I dont think a vaccine is necessarily a bad thing for COVID diagnostic stocks, in fact more likely to be the opposite in the shorter term. Antibody tests will need to be used hand in hand with vaccines to determine if the vaccine has initiated the correct antibody response. Also, antigen tests will still be required too, if you take a vaccine and then develop COVID symptoms later, you will still need a test to determine if you got COVID or just a normal flu etc....
Unfortunately, most investors probably do not understand this, so they lose confidence and sell shares when they see news of vaccines or therapeutics...