[Request 👋] Vir Biotechnology (VIR)

It’s up by a lot today (again):

https://seekingalpha.com/news/3545908-vir-biotech-to-partner-wuxi-on-antibodies-to-treat-coronavirus

Also see:

You can trade it on Stake.

It’s not a certainty they will succeed in developing the vaccine(s) but:

Prev close 34.98
Current close 60.20
After hours : 68.00

Alright, Softbank. Not too bad:

Vir’s backers include SoftBank Vision Fund, Bill & Melinda Gates Foundation and Singapore’s Temasek Holdings Pte.

https://www.bloomberg.com/news/articles/2019-10-11/gates-backed-vir-biotechnology-raises-143-million-in-ipo

VIR was up over 10% just now when the US markets opened. Now it’s back to earth - down 2% vs yesterday’s close.

VIR is down 24% - at 45.80. Back to Earth.

Algo trading machines are taking profits.

This stock is “faster” than SPCE or TSLA.

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VIR is down 25% today to $29 a share…

Year to date:

Speculators did their job and are moving on.