Why Pfizer, BioNTech, and Moderna Stocks Are Falling Today

Shares of several leading COVID-19 vaccine makers were falling as of 11:38 a.m. ET on Monday. Pfizer (NYSE: PFE) stock was down 3.5%. Shares of BioNTech (NASDAQ: BNTX) and Moderna (NASDAQ: MRNA) were sinking 7.6% and 8.2%, respectively.

However, Pfizer and BioNTech actually had good news. The two partners announced this morning that the U.S. Food and Drug Administration (FDA):

Moderna's only news today wasn't bad. The company announced that its CEO will present at the virtual J. P. Morgan Healthcare Conference on Jan. 10, 2022.

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Source Fool.com