Omicron’s arrival may have lifted healthcare stocks and hobbled shares of travel companies, but as the dust settles analysts are sounding a note of cautious optimism.
Defensive pandemic plays roared back at the end of last week as news of the potentially more transmissible coronavirus strain sent markets into a nosedive amid thin Thanksgiving trade. Top Glove Corp., the world’s biggest glove maker, and Moderna Inc. surged, while airlines took a beating.
