Vaccine maker stocks tumble after Trump picks RFK Jr. for health secretary [CNN]
Pfizer, Inc. (PFE)
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Source: CNN
Kennedy Jr. to be the next secretary of the Department of Health and Human Services. An hour before the market closed Thursday, as news reports of Trump's choice began trickling out, Covid-19 vaccine maker Moderna dipped as much as 6%, and Pfizer fell almost 2%. Novavax , which created a protein-based Covid-19 vaccine , fell almost 6%. Kennedy has been one of the country's most prominent anti-vaccine conspiracy theorists for years and has frequently spread falsehoods about the safety and efficacy of vaccines. Last week, Kennedy said he would “immediately” begin studying vaccine safety and efficacy but promised to not “take vaccines away from anybody.” Other vaccine-related companies also felt the fallout. German company BioNTech closed 7% lower, and British GSK fell 2%. US vaccine companies have already been struggling, thanks to lessened demand since the peak of the pandemic. Over the past year, Pfizer stock has dipped 11%, and Moderna stock has plunged 46%. While Pfizer reve
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- Vaccine maker stocks tumble after Trump picks RFK Jr. for health secretary [Yahoo! Finance]Yahoo! Finance
- Jim Cramer names hot sectors that could use a pullback [CNBC]CNBC
- Vaccine maker stocks tumble after Trump picks RFK Jr. for health secretary [CNN]CNN
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- Pneumonia Vaccine Market Poised for Significant Expansion: Projected to Achieve $28 Billion by 2031 with a Robust 7.2% CAGR - Market Research Intellect [Yahoo! Finance]Yahoo! Finance
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