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Who are the winners and losers of vaccine-related stock market rally?

The announcement has boosted confidence that normality can resume soon

People walk by the Pfizer world headquarters in New York on November 9, 2020.
People walk by the Pfizer world headquarters in New York on November 9, 2020. Photo: Kena Betancur/Getty Images

Pubs and restaurants, travel companies and finance firms rallied on the news that Pfizer’s virus vaccine has a 90% efficacy rate.

Budget airline EasyJet was up 26% and the International Airline Group was up 30%, making them among the biggest risers along with Rolls-Royce with 46%. The hospitality sector, which has been hit hard by the crisis, was also faring better, with the Restaurant Group up 26% and pub chain Wetherspoon up 15%.

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