Surge in COVID-19 Cases Impacts The Markets, Airline Shares Under Pressure, Stay-At-Home Stocks Rebound
Squawk on the Street - A podcast by CNBC
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Carl Quintanilla, Jim Cramer and David Faber discussed the big spike in COVID-19 cases putting pressure on the Dow and S&P 500. The anchors explored everything from how soon vaccines might become available to complacency among the public and where lockdowns could come into play. Also in focus: Airline stocks under pressure after Southwest said it recently experienced a deceleration in improving revenue trends. "Stay-at-home" stocks including Zoom Media were among the bright spots, rebounding after positive vaccine news sent them tumbling earlier in the week. The Co-Founder and Co-CEO of online prescription drug platform "GoodRx" appeared on the program to discuss the company's first quarterly report since going public in September.
