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Why Moderna Stock Dropped Today

TheMotleyFool

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Why Moderna Stock Dropped Today: https://g.foolcdn.com/editorial/images/701591/coronavirus-covid-19-vaccine-gettyimages-1336813626.jpg

Shares of Moderna (NASDAQ: MRNA) fell 7% on Monday, following President Joe Biden's interview on 60 Minutes on Sunday.

President Biden's comments on the state of the COVID-19 pandemic clearly caught the attention of investors. During the interview, journalist Scott Pelley asked the president, "Is the pandemic over?" Here's what he had to say:

The pandemic is over. We still have a problem with COVID. We're still doing a lot of work on it. It's ... but the pandemic is over. If you notice, no one's wearing masks. Everybody seems to be in pretty good shape. And so I think it's changing.

Source Fool.com

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