Tech Stocks Rally Following Dip Caused by Pfizer's Vaccine Announcement

Tech stocks have now rallied following a big hit earlier in the week due to Pfizer's announcement of a potential vaccine for COVID-19 with 90 percent effectiveness.The announcement caused investors to pull their money from the tech and stay-at-home industries over to more cyclical stocks that are due for a rebound as the economy recovers in anticipation of the pandemic's impending end. Peloton saw its stock price fall by a shocking 26 percent, while both Etsy and Zoom faced declines of roughly 1...