Moderna, Novavax, and Other Vaccine Stocks Get Whacked by Supreme Court’s Vaccine Decision

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Updated Jan. 14, 2022 9:41 americium ET / Original Jan. 14, 2022 8:10 americium ET

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Novavax banal and shares of different vaccine makers fell Friday aft the Supreme Court blocked the Biden administration’s vaccine mandate for companies that employment 100 workers oregon more. It’s conscionable 1 much headwind for a radical of stocks that erstwhile seemed untouchable.

The Supreme Court’s blimpish bulk dealt a large setback to the Biden administration’s effort to boost vaccination rates connected Thursday, ruling that the authorities didn’t person the unilateral powerfulness to enforce the mandate for each ample businesses done the Occupational...

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