Equity Monday: Vaccine news scrambles the stock market, shakes up startups
here's what's on today's show:
Joe Biden was elected President and the stock market is not mad about divided government. Positive vaccine news sent many stocks sharply higher this morning, but not all. Some pandemic-favored tech companies instantly dropped double-digit percentage points of value. Esign raised $151 million, showing strength in the Chinese startup market, and the esignature space. And this neat Series B for Cellwize caught our attention this morning. Finally, a warning. The stuff that is changing lately may begin to change a bit less. We've lived in the pandemic economy long enough now that it's hard to recall what life was like before. But, we'd best start remembering as there's a lot that is going to change in the next few quarters.
This has been a wild to start the week, but with good news.
I suppose a vaccine was always going to eventually make it to this step, but, that said, the United States is seeing record COVID-19 cases today. So mask up and let's get as many of us across the line as we can.
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