Posted on 11/14/2024 6:18:36 PM PST by Oldeconomybuyer
Shares of vaccine makers fell Thursday as President-elect Donald Trump nominated Robert F. Kennedy Jr., a prominent vaccine skeptic, to lead the Department of Health and Human Services.
The stocks fell in the final hour of trading as reports emerged about Trump’s expected pick. 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. British drugmaker GSK, which makes flu shots and several other vaccines, closed roughly 2% lower.
Shares of those companies dipped further in extended trading as Trump confirmed his pick in a post on his platform Truth Social.
Health policy experts have said a second Trump term could allow Kennedy to elevate anti-vaccine rhetoric, which could deter more Americans from receiving Covid shots and routine immunizations that have for decades saved millions of lives and prevented debilitating illnesses.
Pfizer, Moderna and Novavax are still recovering from falling Covid vaccination rates in the U.S., which have dented their profits over the past two years.
(Excerpt) Read more at cnbc.com ...
More winning. No more government kickbacks to big pharma.
LOL!!!! Pfizer has been crapping for 4 days now.
Plus people refusing covid jabs….after being educated.
Good. Let’s next do away with the constant pharmaceutical commercials for drugs that promise to clear up your skin with side-effects including thoughts of suicide, diarrhea, nausea, upper respiratory tract infection and death.
The feds recall 80,000 pounds of butter because it doesn’t say “Contains Milk” on the label, and let their pharma buddies sell any crap they want to.
Good past time the Pharmaceutical Medical complex got a serious public examination
Great post. Two thumbs up.
Ha! That’s great! Thanks!
The two family members who got J&J did NOT get covid.
Those drug commercials are boring and downright disgusting. Who besides big pharma can run a 5 minute commercial? Proves they’re making a ton of money.
My dad said when they started advertising drugs and health insurance on
TV that the cost of healthcare would skyrocket. He was right.
With the government dictating protocols now it’s even worse.
Great ad. Thanks.
I borrowed it for emailing.
And worst of all, the Pharma crowd somehow decided everyone wanted to constantly watch cringe musical production numbers about their highly questionable drugs.
With morbidly obese cows trying on clothes.
Great video!
No more vaccines that only exist to enrich these companies.
I’ll bet. 😆
Good.
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