Business
The NAB (ASX:NAB) share price is up 25% in November
It certainly has been a fantastic month for the National Australia Bank Ltd (ASX: NAB) share price.
Since the start of November, the banking giant’s shares have rallied an impressive 25% higher.
This means the NAB share price is now trading a whopping 76% higher than its COVID-low of $13.20.
Why is the NAB share price racing higher in November?
There have been a number of catalysts for NAB’s strong share price gains in November.
The first is of course the positive developments that are being made with COVID-19 vaccines. This month no less than three vaccine candidates have been shown to be highly effective against the virus.
This has sparked hopes that the pandemic could be over sooner than expected, reducing the risk of an…
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