The news of the emergence of the South African variant is giving breath to the so-called ‘stay at home stock’ securities that had done so much good in 2020 taking advantage of the restrictions caused by the covid emergency.
On Wall Street stands Zoom (+ 8% at $ 225), the videoconferencing giant that in recent weeks had accentuated its negative trend due to the slowdown in growth following the reopening. The new Nu variant has also sparked interest in the title of the indoor cycling company Peloton which scores + 3% and among the giants Faang we note Netflix (+ 1%), also among the potential beneficiaries of any new waves of restrictions and closures.
Just below Amazon parity (-0.36% at $ 3,566) on Black Friday. Even the ecommerce giant last year benefited greatly from lockdowns around the world that led to a boom in online orders.