BNTX - Hot Stocks: COVID vaccine stocks fall; TACO takeover; CHWY sets low; PG hits high; RETA plunges
Easing fears about the Omicron variant led to a general rally on Monday. However, vaccine stocks were left out of the upswing, dropping precipitously as their Omicron premium evaporated amid a critical tweet from a high-profile politician. The overall decline in the sector included double-digit percentage losses in Moderna (NASDAQ:MRNA), BioNTech (NASDAQ:BNTX) and Novavax (NASDAQ:NVAX). Pfizer (NYSE:PFE) also posted a notable retreat. Elsewhere in the pharmaceutical space, Reata Pharmaceuticals (NASDAQ:RETA) represented one of the day's biggest decliners. The stock lost more than a third of its value amid scrutiny ahead of a key regulatory meeting. Looking at another of the day's major losers, Chewy (NYSE:CHWY) dropped to a new 52-week low. A bearish analyst comment prompted the latest retreat. Turning to some of the day's standout gainers, Del Taco (NASDAQ:TACO) skyrocketed on news of a merger deal with Jack in the Box (NASDAQ:JACK). Meanwhile, Procter & Gamble (NYSE:PG) rode its
For further details see:
Hot Stocks: COVID vaccine stocks fall; TACO takeover; CHWY sets low; PG hits high; RETA plunges