Drugmakers see stocks tank after RFK Jr is nominated to oversee health department [Yahoo! Finance]
Pfizer, Inc. (PFE)
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Source: Yahoo! Finance
conspiracy theorist Robert F Kennedy Jr is president-elect Donald Trump 's nominee to lead the Department of Health and Human Services (HHS). Kennedy has faced widespread criticism for his baseless claims that some vaccines are not safe and effective and that they're linked to autism. He has said that he will institute a purge at the US Food and Drug Administration (FDA) and that he will remove fluoride from the public water supply and take measures to limit ultra-processed food. Shares in both pharmaceuticals and biotech fell – the SPDR S&P Biotech ETF fell over four percent during morning trading, Reuters noted. Packaged food and beverage companies, such as Pepsi and Coca-Cola, also saw their shares take a downturn. But the worst effect was seen among makers of vaccines, whose shares initially fell on Thursday and continued to do so on Friday. Moderna saw a seven percent dip just a day after seeing its lowest since April 2020. Meanwhile, Pfizer dropped almost four percent an
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PFE
News
- As Drug Maker Stocks Fall, Pressure Builds On PhRMA To Derail RFK, Jr. [Forbes]Forbes
- Health stocks are tumbling after Trump's appointment of vaccine skeptic RFK Jr. [Yahoo! Finance]Yahoo! Finance
- 19th annual Double Helix Medals dinner raises $7 million [Yahoo! Finance]Yahoo! Finance
- Stock Market Tanks as Trump Unveils Nightmare Cabinet Picks [Yahoo! Finance]Yahoo! Finance
- Big Tech Stocks Suffer $500 Billion Selloff As ‘Dangerously Bullish' Rally Loses Steam [Forbes]Forbes
PFE
Earnings
- 10/29/24 - Beat
PFE
Sec Filings
- 11/4/24 - Form 10-Q
- 11/1/24 - Form 4
- 11/1/24 - Form 4
- PFE's page on the SEC website