News that the Biden administration is planning to push for Americans to get the updated COVID vaccines this fall caused several vaccine manufacturers' stock prices to rise Monday.
The Ken Coleman Show host Ken Coleman discusses Bidens push to end remote work for federal employees on The Big Money Show.later this year resulted in vaccine makers’ stock prices getting a boost during Monday’s trading.
Moderna’s stock was up 9.3%, while BioNTech’s share price rose by 6.5% and Novavax by 13% as of Monday afternoon prior to the closing bell. Pfizer’s stock price posted a more modest gain of nearly 1%.officials are planning to promote the latest iterations of the COVID vaccine as they become available in September in the interest of getting ahead of a potential uptick in cases this fall as colder temperatures set in.
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