BUZZ-Vaccine makers fall after Trump win

Reuters
2024.11.06 15:13
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Shares of vaccine manufacturers fell by 2% to 8% following Donald Trump's re-election as U.S. president. Pfizer dropped 2.4%, Moderna 5%, and Novavax 7.7%. Trump indicated he would allow Robert F. Kennedy Jr., an anti-vaccine advocate, to influence vaccine and healthcare policy, potentially affecting FDA and CDC operations. The implications of this shift in vaccine regulation remain uncertain, as both Trump and Kennedy have expressed intentions for significant changes in vaccine approval processes.