July 15, 2024



Vaccine Stocks Moderna, Novavax Crumble Under Weight Of Delta Variant

Investor’s Business Daily


04:06 PM ET 07/07/2021

Vaccine stocks Moderna (MRNA), BioNTech (BNTX) and Novavax (NVAX) skidded Wednesday as the highly contagious Delta variant became the most prevalent Covid strain in the U.S.

The Delta variant, first identified in India, now accounts for close to 52% of Covid cases in the U.S., according to a July 3 estimate from the Centers for Disease Control and Prevention. The news comes amid continuing worries that variants will undo global vaccination efforts.