Corporate America joined the fight against the spread of coronavirus on Friday, as President Donald Trump and executives announced that Google would offer a website to help people determine whether they needed tests and retailers would set up drive-through testing in parking lots.
Shares of Google parent Alphabet Inc (GOOGL.O), Walmart Inc (WMT.N), Target Corp (TGT.N) and drugstore owner CVS Health Corp (CVS.N) all closed up more than 9%, in line with the broad stock market, though Alphabet dropped 2% after hours.
Pressure has been rising on U.S. officials to increase and improve testing for the fast-spreading virus, which has reached almost every U.S. state and infected more than 1,660 people in the country.
“I want to thank Google. Google is helping to develop a website, it’s gonna be very quickly done, unlike websites of the past, to determine whether a test is warranted and to facilitate testing at a nearby convenient location,” Trump said.
“Google has 1,700 engineers working on this right now, made tremendous progress.”
An administration presentation showed a potential user would be asked several questions on the website and then given a recommendation as to whether they should get a coronavirus test.