Why Shares of Azul Are Up Today

Lou Whiteman, The Motley Fool
·2 min read
Why Shares of Azul Are Up Today
Why Shares of Azul Are Up Today

Shares of Brazilian airline Azul (NYSE: AZUL) were up more than 6% on Monday afternoon after a leading politician in Brazil talked up the effectiveness of a COVID-19 vaccine. The governor, according to Reuters, talked up the potential of a vaccine developed by Sinovac, saying initial data gathered during clinical testing in Brazil has been positive. Sao Paulo is Brazil's economic engine.