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Vaccine Makers See Stocks Fall After RFK Jr. Announcement

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Pfizer's stock dropped 4.3 percent while Moderna's fell 3.1 percent and Novavax saw a 2.8 percent dip in its stock Friday morning.

Vaccine makers saw stocks fall Friday after President-elect Donald Trump announced that Robert F. Kennedy Jr., a vaccine skeptic, was his choice to lead the Department of Health and Human Services .Kennedy Jr. has advocated against processed foods and the use of herbicides. He has long criticized large commercial farms and animal-feeding operations. But his stance on childhood vaccines is perhaps most notable.

Trump said in his Thursday announcement: 'For too long, Americans have been crushed by the industrial food complex and drug companies who have engaged in deception, misinformation, and disinformation when it comes to Public Health,' Trump said in a statement announcing his pick of Kennedy Jr.

 

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