AMC - Wall Street Breakfast: Vaccine Chatter

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Vaccine chatter Stocks of COVID-19 vaccine developers are trending lower after U.S. Trade Representative Katherine Tai announced support for a waiver of intellectual property protections. "We are for the waiver at the WTO, we are for what the proponents of the waiver are trying to accomplish, which is better access, more manufacturing capability, more shots in arms,” she said during an interview. Pfizer (PFE) is off 3.1% premarket on the news, BioNTech (BNTX) declined 4.3% (following a 3.4% drop in the previous session), while Moderna (MRNA) fell another 2.4% (after tumbling 6.2% on Wednesday).Bigger picture: At the World Trade Organization, the Biden administration will engage in negotiations for the text of the waiver and push for support from other countries. Regarding the timeline of an outcome,

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Wall Street Breakfast: Vaccine Chatter