MARKET OPEN: Vaccine jitters to weigh on travel stocks

MARKET OPEN: Vaccine jitters to weigh on travel stocks
Rebecca Howard
Air New Zealand, Auckland Airport, SkyCity Entertainment and Tourism Holdings are in for a rocky ride today after a pause in Johnson & Johnson’s covid-19 trial triggered concerns about the timing of a vaccine.“We have temporarily paused further dosing in all our covid-19 vaccine candidate clinical trials, including the phase 3 ensemble trial, due to an unexplained illness in a study participant,” Johnson & Johnson said.While other companies are also developing vaccines, J&J’s vaccine is the only single-dose v...

More Markets

NZ sharemarket drops as US market rallies
Markets Market Close

NZ sharemarket drops as US market rallies

The S&P/NZX 50 Index closed down 1.02% or 122.14 points.

Radius buys care home off Arvida
Property

Radius buys care home off Arvida

Radius Care will have another 109 beds in Christchurch.

‘It really is upwards from here,’ Pacific Edge CEO
Markets

‘It really is upwards from here,’ Pacific Edge CEO

The AUA’s guideline has made Pacific Edge’s tests a talking point. 

Airports v airlines and the regional monopoly conundrum
Policy Analysis

Airports v airlines and the regional monopoly conundrum

Why is airport regulation being reviewed when all the fuss is about airfares?