The Miami Entrepreneur

Vaccine stocks Pfizer, BioNTech, Moderna and Novavax slide after Biden says pandemic is over

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Stocks of the three key vaccine makers fell sharply Monday, after President Joe Biden said the pandemic is over, in an interview with “60 Minutes” that aired on Sunday. Moderna Inc. fell 9.2%, Pfizer Inc. was down 1.7% and its German partner BioNTech SE was down 8.4%. Novavax Inc. , which had its protein-based vaccine authorized in July, was last down 9%. The SPDR S&P Biotech ETF was down 2.2%.

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