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CureVac the newest vaccine contender on Wallstreet – here’s everything you need to know

CureVac the newest vaccine contender on Wallstreet - here's everything you need to know

COVID-19 coronavirus disease vaccine vial, syringe and flag. Medical research and public health 3D

CureVac’s (NASDAQ:CVAC) initial public offering in the US markets went incredibly well for investors, posting a 250% gain on its first day of trading. CureVac is a German Biopharma, based in Tübingen who specialises in the development of vaccines for infectious diseases. CVAC’s IPO raised $213.3 million USD in funding at its short price of $16. Investors quickly snapped up the opportunity for shares driving CVAC to close at $55.90. CureVac’s quick success with it’s COVID-19 vaccine CVnCoV, saw the German Government buying a large stake in CureVac amounting to 300 million Euros in June this year. CVAC’s COVID-19 vaccine CVnCoV, commenced human trials in June and aims to begin larger human trials by fall this year.

Table of Contents
1. Introduction 
2. What CVAC investors need to know
3. Does YIG see value in CureVac (NASDAQ:CVAC)

What CVAC investors need to know

Does YIG see value in CureVac stock?

Before I begin, I am obliged to remind our viewers that this is not advice but rather investment commentary from extensive research 

There is no doubt CureVac are one of the most promising global leaders in the race for a COVID-19 vaccine. The first COVID-19 vaccine will receive historic demand by Governments across the globe. Ultimately offering what may be one of the greatest opportunities these Bio-Pharma’s will have this decade. With strong US contenders such as Moderna, Pfizer and Novavax – the German Biopharma will have an up-hill battle to finish in first place. However, the first vaccine to be released will have serious distribution and supply shortages. This offers some security to investors who don’t pick the imminent winner.

The investor behaviour in the vaccine market remains heavily shifted by news. Therefore we expect CVAC to behave in the same manner as a listed US stock. With CVAC closing at $55.90 on the first day of trading, we can expect investors to continue to pump money in, in the hope that it continues to remain bullish. NVAX is currently priced at $146.51 and Moderna at $69.59 respectively. We could expect CVAC to find equilibrium with these two Bio-Pharma’s for the time being. This stock is definitely one to watch this week.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.