Prepare to Lose a Bundle on Stocks Boosted by a Coronavirus Vaccine

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Prepare to Lose a Bundle on Stocks Boosted by a Coronavirus Vaccine
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Positive signs of an early-stage clinical trial for an experimental Covid-19 vaccine is giving people hope. But Spencerjakab explains why it may not be a safe bet for investors. WSJWhatsNow

A Covid-19 vaccine success could boost economic output by trillions of dollars. Those trading vaccine stocks shouldn’t expect to share much in the benefits.

Encouraging signs of progress in the fight against the pandemic are popping up. An early-stage clinical trial for an experimental vaccine candidate developed by Oxford University and AstraZeneca had an acceptable safety profile and showed possible signs of efficacy, according to results published on Monday. Other companies such as Pfizer, Moderna and CanSino Biologics...

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