Within 2 days of the new variant , OMICRON virus being spotted , the news splashes everywhere. Here , in the Stock market, some stocks are raking in abnormal returns on this piece of news.
Meddtecs International which makes personal protective equipment soared more than 80% within the last 2 days .It has now retreated to 0.415 level and if more bad news, rumours start to fly or more cases of people contracting OMICRON or death ensues, then , we can expect this stock to continue climbing......