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Stock impact report

Health Stocks Slide as Trump Picks Vaccine Skeptic Kennedy [Yahoo! Finance Canada]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Most Read from Bloomberg Companies that make immunizations bore the brunt of the losses, with France's Sanofi SA — a maker of vaccines including for influenza — and London-listed GSK Plc — whose products include Shingrix for shingles — both dropping more than 4% in early European trading. Deutsche Bank analyst Emmanuel Papadakis cut his rating on GSK to hold from buy following the news. “We consider vaccines to be amongst the greatest scientific achievements to impact public health: unfortunately this view is not shared by the nominee,” he wrote in a note to clients. US-listed Moderna Inc., Pfizer Inc. and Novavax Inc. extended declines in premarket trading after slumping Thursday. The declines went beyond vaccines, however, with US-exposed European health-care shares falling more broadly as Trump said in a post on X that the industry had engaged in “deception, misinformation, and disinformation.” Novo Nordisk A/S fell as much as 3.3%, while Roche Holding AG declined 3.4% Show less Read more
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