The CDC reversal on masks changed the way companies view the delta variant, earnings calls show

0 8
A sign details entry restrictions at a JLL office in the Aon Center in Chicago, Illinois, U.S., on Thursday, June 24, 2020.Christopher Dilts | Bloomberg | Getty ImagesWhen earnings season kicked off in earnest in mid-July, few companies fielded questions about or mentioned the Covid delta variant.That changed as new Covid-19 cases spiked and the Centers for Disease Control and Prevention reversed its stance on masks for vaccinated people, according to a CNBC analysis of earnings call transcripts.Between July 13 and Thursday, 142 companies in the S&P 500 out of the 410 who have reported their quarterly earnings have mentioned the delta variant by name or answered a question about it on their earnings calls. Just 15% of those mentions came before July 27 — the same day that the CDC said that fully vaccinated people should wear mask indoors in areas with high transmission rates. New Covid cases were also steadily climbing upwards as the highly contagious delta variant becam
Subscribe or log in to read the rest of this content.
Leave A Reply

Your email address will not be published.

At The Centre of Every Trade