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Shares of COVID-19 Vaccine Makers Fall After Pfizer CFO Warns of Outlook ‘Haircut’

Shares of COVID-19 Vaccine Makers Fall After Pfizer CFO Warns of Outlook ‘Haircut’

By BILL MCCOLL, Investopedia

Moderna (MRNA) was the worst-performing stock in the S&P 500 as shares dropped 9% after Pfizer CFO David Denton said the outlook for vaccine rates this year got a significant “haircut.” Pfizer (PFE) shares also dropped, declining 1%.

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