Covid-19 hospitalizations surged this summer season, however within the inventory market, a lot of final yr’s pandemic winners are dropping steam.
Shares of Zoom Video Communications Inc., Peloton Interactive Inc. and Teladoc Well being Inc. posted outsize returns in 2020 as many Individuals shifted to working and conducting every day actions from dwelling. However every inventory is down by double-digit percentages in 2021 as folks return to offices, gyms and in-person health appointments. All three shares, nevertheless, are considerably greater than their pre-pandemic costs.
