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Vaccine stocks muted as Wall Street takes 'wait and watch' approach after Kennedy's shake-up


//business-finance.news-articles.net/content/202 .. and-watch-approach-after-kennedy-s-shake-up.html
Published in Business and Finance on by Reuters   Print publication without navigation

Shares of global vaccine makers were muted on Tuesday as investors and analysts took a "wait and watch" approach after U.S. Health Secretary Robert F. Kennedy Jr. fired all members of an expert vaccine panel late on Monday.

The article discusses the impact of Robert F. Kennedy Jr.'s announcement of his vice presidential running mate, Nicole Shanahan, on vaccine stocks. Despite Kennedy's known skepticism towards vaccines, the market reaction was muted, with major vaccine manufacturers like Pfizer, Moderna, and Johnson & Johnson experiencing only slight declines in their stock prices. Analysts suggest that Wall Street is adopting a "wait and watch" approach, as Kennedy's influence on vaccine policy remains uncertain. The article also notes that broader market dynamics and upcoming elections are overshadowing the immediate impact of Kennedy's campaign on vaccine stocks.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/markets/vaccine-stocks-muted-as-wall-street-takes-wait-and-watch-approach-after-kennedys-shake-up/ar-AA1GrgFO ]

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