Health
Vaccine Maker Stocks Fall After Trump Taps RFK Jr. to Head HHS
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Shares of vaccine makers plunged after President-elect Donald Trump nominated Robert F. Kennedy Jr. to run the Department of Health and Human Services, a post that would give the longtime vaccine skeptic influence over the nation’s health and medical research agencies.
Covid vaccine maker Moderna Inc. dropped 5.6% at the close of regular trading Thursday and lost an additional 1.4% post-market. Pfizer Inc. dropped 2.6% in regular trading while its Covid vaccine partner BioNTech SE sank 7%. Novavax Inc. dipped 7% at the close.