I Want a New Drug

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I’m sure the anti-vax crew on Slope is gritting their teeth at Merck (MRK) roaring higher today based on yet-another-Covid-drug that will throw off ungodly profits (after accounting for executive multi-million dollar annual compensation).

slopechart MRK

At the same time, other accidentally Covid beneficiaries aren’t doing so well. MRNA has lost about one-third of its peak value…..

slopechart MRNA

While BNTX has it even worse, having lost about half its value!

slopechart BNTX