Pfizer and BioNTech say their COVID-19 vaccine is more than 90% effective (whoa)

Biggest vax flex yet... Big pharma Pfizer and German biotech BioNTech said their jointly developed COVID-19 vaccine was more than 90% effective in Phase 3 trials — that's huge. For reference:

• 50% to 60% effectiveness: Dr. Fauci has said this rate would be acceptable to approve a vaccine (the flu vaccine is only 40% to 60% effective).
• 60% to 70%: Health experts say this rating would be a big win. Pfizer's 90%+ would be a wild success — but results are preliminary and haven't been peer-reviewed.

Please get it mRN-ASAP... If Pfizer's vax gets FDA-approval, it would be the 1st mRNA vaccine ever approved for human use. Unlike OG vaccines (which use a weakened virus to generate an immune response), mRNA ones teach cells to destroy the virus.

• Moderna stock popped too because it's also in final stage trials of an mRNA vaccine. AstraZeneca, which is in final trials for a traditional vax, dropped.
• Reopening stocks majorly soared: AMC was up 51%, Carnival was up 39%, and Delta spiked 17%. "Pandemic Winners" like Netflix, Peloton, and Zoom all dropped big.
• BTW: Vaccines usually take around 10 years from development to approval. This vax is on pace for a record-shattering timeframe.