RFK Jr. News Hits Global Pharma Stocks -- WSJ

Dow Jones11-15 19:45

By WSJ Staff

President-elect Donald Trump's selection of vaccine skeptic Robert F. Kennedy Jr. as health secretary weighed on global pharmaceutical stocks Friday.

-- In Europe, shares in Bavarian Nordic fell more than 15%. Pharma heavyweights AstraZeneca, GSK and Sanofi dropped 2.5% or more.

-- In the U.S., Moderna stock fell premarket. It and Pfizer dropped Thursday in regular trading, after news of RFK Jr.'s likely appointment emerged.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 15, 2024 06:45 ET (11:45 GMT)

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