Skip to content
Trending
September 26, 2025Chinese stocks are on fire this year, drawing big interest from foreign and domestic investors June 19, 2025AI avatars in China just proved they are better influencers. It only took a duo 7 hours to rake in more than $7 million August 10, 2025War-weary Syria will be hurt further by Trump’s 41% tariff rate — the highest on earth February 20, 2025Walmart is getting a bump from a surprising cohort: Wealthier shoppers September 20, 2025Club nation: Why Costco, Sam’s Club and BJ’s are opening new stores and gaining members December 12, 2025Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia November 5, 2025Prediction market traders slash odds Trump tariffs survive Supreme Court ruling August 20, 2025Target shares tumble 9% as retailer picks new CEO, says sales fell again April 28, 2025Corporate sponsors are backing away from LGBTQ+ Pride organizations May 30, 2025Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
  Monday 8 June 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Business  Pfizer, Moderna shares fall on report that Trump officials will link child deaths to Covid shots
Business

Pfizer, Moderna shares fall on report that Trump officials will link child deaths to Covid shots

AdminAdmin—September 12, 20250

Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021.

Dado Ruvic | Reuters

Shares of Pfizer and Moderna fell on Friday after a report that Trump administration health officials plan to link Covid vaccines to the deaths of 25 children. 

The report from the Washington Post said officials plan to include the claim in a presentation next week to a key vaccine panel that advises the Centers for Disease Control and Prevention.That committee plays a critical role in determining vaccine access, as it reviews immunization data and makes recommendations on who is eligible for shots and whether insurers should cover them, among other duties.

But the presentation to that panel is not final, the Post reported.

“FDA and CDC staff routinely analyze VAERS and other safety monitoring data, and those reviews are being shared publicly through the established ACIP process,” a spokesperson for the Department of Health and Human Services said in a statement, referring to the panel, the Advisory Committee on Immunization Practices.

“Until that is shared publicly, any this should be considered pure speculation,” the spokesperson added.

More stories

Trump’s trade war is giving renewed importance to advertising Upfronts

May 12, 2025

Shares of scandal-plagued Brazilian meat giant JBS rise 3% in U.S. public debut

June 14, 2025

Alaska Airlines to make Europe debut with Rome flights next year

June 3, 2025

Wall Street sees Starbucks comeback taking hold, even after another lackluster quarter

July 30, 2025

Pfizer’s stock fell more than 3% on Friday, while shares of Moderna dropped more than 7%. Novavax, which creates protein-based Covid shots, slid more than 4%.

The report comes as Health and Human Services Secretary Robert F. Kennedy Jr. moves to change vaccine policy in the U.S. He has dropped Covid shot recommendations for healthy kids and pregnant women and set new limits on the approval of new jabs against the virus.

In a statement, Moderna said the safety of its vaccine is “rigorously monitored” by the company, the FDA and regulators in more than 90 countries. Systems across the U.S., Australia, Canada and Europe have not identified “any new or undisclosed safety concerns in children or in pregnant women,” Moderna added.

Pfizer did not immediately respond to a request for comment.

Numerous studies have demonstrated that shots using mRNA technology, including Covid vaccines from Pfizer and Moderna, are safe and effective, and serious side effects have happened in extremely rare cases.

Researchers have noted an elevated but rare risk of myocarditis, or inflamed heart muscle, in young men in particular. But there is no evidence that the vaccines in use now cause any other major safety risks, including pediatric deaths. Global surveillance data also continue to generally show that the benefits of Covid vaccination outweigh the risks in pediatric populations.

The Washington Post said the claim appears to be based on information submitted to the federal Vaccine Adverse Event Reporting System, which monitors the safety of shots approved or authorized by the Food and Drug Administration. The system contains unverified reports of side effects, including from patients, doctors and pharmacists.

Only scientists and public health officials can determine, after thorough investigation, whether a vaccine caused or contributed to a side effect submitted to the system, according to the CDC website.

Last week, FDA Commissioner Marty Makary told CNN the agency is conducting an “intense investigation” into whether Covid shots have caused deaths in children. He did not share specific data linking pediatric deaths to the vaccine, but pointed to self-reported incidents in the safety system database. 

The FDA plans to release a report in the coming weeks, Makary added.

“We do know at the FDA, because we’ve been looking into the [vaccine safety] database of self reports, that there have been children who have died from the Covid vaccine,” Makary told CNN.

During a Senate hearing last week, Kennedy said he supports a statement made by a newly appointed member of a key government vaccine panel that mRNA vaccines pose a dangerous risk to people.

Klarna stock jumps 15% in NYSE debut after pricing IPO above range
RH reports worse-than-expected tariff hit, earnings miss
Related posts
  • Related posts
  • More from author
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Business

Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February

December 17, 20250
Business

Consumers are feeling gloomy about the economy. Here’s why they’re spending anyway

December 16, 20250
Load more
Read also
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions