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Why Moderna, Novavax, and BioNTech Stocks Dropped Today
Shares of Moderna (NASDAQ: MRNA), BioNTech (NASDAQ: BNTX), and Novavax (NASDAQ: NVAX) fell 4%, 9%, and 11%, respectively, on Monday, as investors rotated out of the previously high-flying vaccine stocks. Moderna, BioNTech, and Novavax, in turn, have delivered torrid gains to their shareholders in recent months.
