Equity Monday: Vaccine news scrambles the stock market, shakes up startups

Published: Nov. 9, 2020, 2:55 p.m.

here's what's on today's show:\n\nJoe Biden was elected President and the stock market is not mad about divided government.\nPositive vaccine news sent many stocks sharply higher this morning, but not all. Some pandemic-favored tech companies instantly dropped double-digit percentage points of value.\nEsign raised $151 million, showing strength in the Chinese startup market, and the esignature space.\nAnd this neat Series B for Cellwize caught our attention this morning.\nFinally, a warning. The stuff that is changing lately may begin to change a bit less. We've lived in the pandemic economy long enough now that it's hard to recall what life was like before. But, we'd best start remembering as there's a lot that is going to change in the next few quarters.\n\nThis has been a wild to start the week, but with good news.\n\nI suppose a vaccine was always going to eventually make it to this step, but, that said, the United States is seeing record COVID-19 cases today. So mask up and let's get as many of us across the line as we can.