Daily Scoop 8-25

👋 Your Wednesday Scoops - J&J vaccine boost & everyone bailed on Stitch Fix

August 25, 2021

Today's Scoop:Onward

Big Picture

  1. More positive vaccine data has boosted optimism.

  2. Markets continue making new record highs.

  3. Secondhand fashion is taking over fast fashion.

The Market 

⬆️

+0.2%

S&P 500: 4,496.19

1Mo:

+2%

| 1Yr:

+29%

| 5Yr: 

+107%

More new records. The official FDA approval of Pfizer's vaccine and positive results from Johnson & Johnson have paved the way for more corporations to impose vaccination mandates. With more people vaccinated, the risk of rising infections disrupting the economic recovery falls lower. 

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Airbnb

- 

Johnson & Johnson

- 

Stich Fix

-

Urban Outfitters

-

McDonald's

🤓 Inside Scoop...

Markets don't move in a straight line. They're volatile because people are volatile. We don't really get all that much new information on a particular company on a day-to-day basis. Prices move with investors' confidence in the future. Today, investors are less worried than they were yesterday.

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