Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Since the COVID-19 pandemic low in the S&P 500 on March 23, stocks have surged, with the index rallying 52% as of Wednesday afternoon trades.
These three stocks have outpaced the Nasdaq by a long shot, each posting gains of more than 1,000% since the March 23 low in the stock market: Overstock, Wayfair, and Novavax.The COVID-19 pandemic has wreaked havoc on businesses across the country, as rolling economic shutdowns and stay-at-home orders severely limited the ability for people to transact in person.
Additionally, pharmaceutical companies have seen a surge in activity as they race to develop a treatment or vaccine for the coronavirus, with some even receiving grants from the government.
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