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Why Moderna and BioNTech Slipped Today

TheMotleyFool

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There wasn't any monster, world-shaking news about our current pandemic on Tuesday, so the prices of coronavirus stocks Moderna (NASDAQ: MRNA) and BioNTech (NASDAQ: BNTX) didn't move all that much. On the whole, however, Thursday's developments tipped more negative than positive, and the shares of the two companies ended up falling marginally on the day.

Taking the good news first, President Joe Biden announced Thursday that all Federal employees will be required to either prove that they've been vaccinated or face a tough set of health safety protocols. This should push recalcitrant workers to get either the Pfizer/BioNTech or the Moderna vaccine.

Source Fool.com

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