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Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.
Shares of those companies dipped further in extended trading as Trump confirmed his pick in a post on his platform Truth Social. Health policy experts have said a second Trump term could allow Kennedy to elevate anti-vaccine rhetoric, which could deter more Americans from receiving Covid shots and routine immunizations that have for decades saved millions of lives and prevented debilitating illnesses. He has long made misleading and false statements about the safety of shots, such as claiming they are linked to autism despite numerous studies going back decades that debunk the association.
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