Shares of vaccine makers fell on Thursday as President-elect Donald Trump nominated Robert F. Kennedy Jr., a prominent vaccine skeptic, to lead the Department of Health and Human Services.
Moderna’s stock closed more than 5% lower on Thursday, shares of Novavax fell more than 7% and Pfizer’s stock ended more than 2% lower.
Shares of BioNTech, the German drugmaker that helped develop a Covid vaccine with Pfizer, closed more than 6% lower.
Shares of those companies dipped further in extended trading as Trump confirmed his pick in a post on his platform Truth Social.
Kennedy’s track record as a vaccine skeptic is extensive.
Persons:
Donald Trump, Robert F, Kennedy Jr, Trump, Kennedy
Organizations:
Department of Health, Human Services, Pfizer, GSK, Health, Trump, Moderna, Health Defense
Locations:
Novavax, British, U.S