Why Moderna Stock Dropped Today
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