Why These 5 Stocks Are on the Move on Tuesday

In this article we take a look at five stocks on the move on Tuesday. If you want to read our detailed analysis of these stocks, go to read Why These 10 Stocks Are On the Move on Tuesday.

5. Johnson & Johnson (NYSE:JNJ) is up around 0.5% after the company said trial data showed that a two dose version of the company’s vaccine provides 94% protection against symptomatic infection. Currently, Johnson & Johnson only has a single shot vaccine that’s been approved and that vaccine has considerably less effectiveness than the two shot version.

Johnson & Johnson (NYSE:JNJ) chief scientific officer Dr. Paul Stoffels’ said, “We now have generated evidence that a booster shot further increases protection against COVID-19 and is expected to extend the duration of protection significantly.”

Of the 873 elite funds we track, 88 were long Johnson & Johnson (NYSE:JNJ) at the end of Q2.