BioNTech($BNTX) – One day's trash is another day's treasure, and while certainly treasure on Monday, BioNTech and other vaccine makers were complete trash yesterday. Falling 3.6%, BioNTech and peers fell victim to some good old fashioned profit taking. With the news of the FDA's full authorization, shares got a nice (and expected) pop on the day of the announcement. Seeing that pop, many investors took their profit and ran.
Dividend Yields – Who the f*ck would want to get paid just for owning stock, right? Definitely not me, and apparently not the Street either. Stocks in the Bloomberg group classified as high dividend yields lagged behind almost every other per group yesterday. This is likely due to renewed optimism in more risk-on names that had been fizzling as a result of tapering and inflation. Either way, free money for owning shares is honestly just too easy...gamble away your life savings, be a man.