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Pfizer, Carnival, Norwegian Cruise Line, and More Companies Making Notable Stock Movements

Pfizer in today’s stock market is experiencing a surge in stock prices. The data shows Pfizer’s stock has observed a 1.1% surge in today’s market, following approval from the British regulatory authority. The information suggests that Pfizer had recently submitted its proposal for an antiviral pill for the coronavirus, Paxlovid. It has been confirmed that the British regulatory has approved the proposal for the distribution of Paxlovid.

The news confirms that the particular pill “Paxlovid” has been approved for people who are at and are over the age of 18. However, the pill can only be prescribed for patients that are suffering from illnesses that are mild or moderate.

Then there are the cruise lines that are experiencing a dip in their share prices. The major cruise companies currently experiencing major dips include the Norwegian Cruise Line and Carnival. The reason behind the dip in cruise line ships is the intimation notices released by the Centers for Disease Control and Prevention. These notices were released by the center on Thursday, December 30, 2021.

According to the notification, American citizens shouldn’t be traveling on cruises given the current situation of the coronavirus. In addition to the coronavirus, the citizens are also intimated about the coronavirus variant (Omicron). As a result, the stock prices for the cruise line companies have experienced a dip. After the announcement, the stock prices of Royal Caribbean have experienced a dip. Then it is Norwegian Cruise Line that has observed a 1.3% dip, and Carnival has also observed a 2% dip in the stock prices.

Peloton has also observed a dip in the share prices in the premarket trading. The data shows that Peloton’s stocks have plummeted 3.8% in the past 24-hours. The dip was observed right after the analysts from JMP Securities went ahead taking an action against Peloton’s stock. The JMP Securities’ analysts have reportedly downgraded the stock for Peloton from “outperform” to “market perform”.

The JMP Securities’ analysts have given the reason that the at-home fitness company is no longer in demand as people are now moving out after the pandemic.

The share prices for Coterra Energy had also observed a 2.8% plunge and the dip began on December 31, 2021. The oil company experienced the dip right after making an announcement surrounding the sale of the company’s shares by Kevin William Smith, the VP, and CTO at Coterra Energy. The announcement revealed that a total of 40,000 of the company’s shares had been sold by Kevin William Smith at the beginning of the running week.

As the coronavirus and its variants are again becoming problems, the stock prices for travel, restaurant, and hotel chains are experiencing downtrends.

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