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Nov. 26, 2021, 7:32 a.m. EST

Drug maker stocks rise but travel stocks sink on new coronavirus variant

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By Steve Gelsi

Shares of airlines fell and drug makers rose in premarket trades on Friday as investors reacted to fresh travel bans related to a new variant of the coronavirus that causes COVID-19 called B.1.1.529 identified in South Africa. Meanwhile, stocks relating to 'stay-at-home' activities gained. The British government has banned flights from South Africa and five other southern African countries. The World Health Organization's technical working group is meeting Friday to discuss the variant. Pfizer /zigman2/quotes/202877789/composite PFE +1.62% advanced by 5.8%, Moderna /zigman2/quotes/205619834/composite MRNA +0.25% gained 8.7%, Southwest Airlines /zigman2/quotes/201071949/composite LUV -0.50% dropped 7%, American Airlines /zigman2/quotes/209207041/composite AAL +2.58% stock slumped 7%; Expedia /zigman2/quotes/202291990/composite EXPE +0.34% fell 6.8% and United Airlines /zigman2/quotes/205037281/composite UAL +1.93% dropped 7.6%. Delta Air Lines /zigman2/quotes/200327741/composite DAL +1.77% lost 7.8%, Norwegian Cruise /zigman2/quotes/204183397/composite NCLH +1.58% gave up 9.6% and Royal Caribbean /zigman2/quotes/208854639/composite RCL +0.92% shares slid 10%. Netflix /zigman2/quotes/202353025/composite NFLX +5.68% rose 2%.Take-Two Interactive Software /zigman2/quotes/204008930/composite TTWO -0.0063% rose by 1%.

/zigman2/quotes/202877789/composite
US : U.S.: NYSE
$ 53.46
+0.85 +1.62%
Volume: 363,066
Jan. 27, 2022 9:38a
P/E Ratio
15.62
Dividend Yield
3.04%
Market Cap
$294.90 billion
Rev. per Employee
$883,274
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/zigman2/quotes/205619834/composite
US : U.S.: Nasdaq
$ 155.35
+0.39 +0.25%
Volume: 323,518
Jan. 27, 2022 9:38a
P/E Ratio
9.52
Dividend Yield
N/A
Market Cap
$61.85 billion
Rev. per Employee
$9.10M
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/zigman2/quotes/201071949/composite
US : U.S.: NYSE
$ 43.49
-0.22 -0.50%
Volume: 209,576
Jan. 27, 2022 9:38a
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$25.96 billion
Rev. per Employee
$225,699
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/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 16.66
+0.42 +2.58%
Volume: 1.12M
Jan. 27, 2022 9:38a
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$10.66 billion
Rev. per Employee
$290,964
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/zigman2/quotes/202291990/composite
US : U.S.: Nasdaq
$ 177.70
+0.60 +0.34%
Volume: 17,909
Jan. 27, 2022 9:37a
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$26.40 billion
Rev. per Employee
$379,005
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 42.23
+0.80 +1.93%
Volume: 181,085
Jan. 27, 2022 9:38a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$13.53 billion
Rev. per Employee
$292,913
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/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 39.45
+0.69 +1.77%
Volume: 195,835
Jan. 27, 2022 9:38a
P/E Ratio
93.33
Dividend Yield
0.00%
Market Cap
$24.78 billion
Rev. per Employee
$404,041
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/zigman2/quotes/204183397/composite
US : U.S.: NYSE
$ 21.26
+0.33 +1.58%
Volume: 537,300
Jan. 27, 2022 9:38a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$8.61 billion
Rev. per Employee
$4,960
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/zigman2/quotes/208854639/composite
US : U.S.: NYSE
$ 81.86
+0.75 +0.92%
Volume: 34,964
Jan. 27, 2022 9:38a
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$20.43 billion
Rev. per Employee
$6,871
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/zigman2/quotes/202353025/composite
US : U.S.: Nasdaq
$ 380.12
+20.42 +5.68%
Volume: 771,123
Jan. 27, 2022 9:38a
P/E Ratio
32.02
Dividend Yield
N/A
Market Cap
$162.31 billion
Rev. per Employee
N/A
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/zigman2/quotes/204008930/composite
US : U.S.: Nasdaq
$ 157.91
-0.0100 -0.0063%
Volume: 50,283
Jan. 27, 2022 9:38a
P/E Ratio
32.63
Dividend Yield
N/A
Market Cap
$18.28 billion
Rev. per Employee
$519,148
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