Howie said a resurgence in daily confirmed Covid-19 cases and concerns about vaccine safety may have driven investors' interests in those stocks.
Globally, the seven-day moving average of daily reported Covid cases reached a record high of more than 797,500 on Wednesday, according CNBC analysis of data compiled by Johns Hopkins University. A major contributor of the increase is aA moving average smooths out big spikes and slumps in the daily data that could be caused by availability of tests or frequency of reporting.
Cumulatively, coronavirus cases globally reached more than 143 million cases with around 3 million deaths as of Wednesday, Hopkins data showed.
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I throw the bullshit flag