Advertisement

Why Moderna and BioNTech Stocks Dropped Today

Why Moderna and BioNTech Stocks Dropped Today

What happened Shares of Moderna (NASDAQ: MRNA) and BioNTech (NASDAQ: BNTX) fell 5.2% and 7.5%, respectively, on Monday after rival COVID-19 vaccine maker Novavax (NASDAQ: NVAX) announced favorable clinical trial results.