BioNTech, Moderna And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several major stocks including Manchester United plc, BioNTech SE, Moderna, Inc., Elbit Systems Ltd., The Trade Desk, Inc., Maxeon Solar Technologies, Ltd., and Novavax, Inc. recorded losses in Monday's pre-market trading session. BioNTech and Moderna's shares dipped following Pfizer's cut in its COVID-19 vaccine and therapy sales outlook.
October 16, 2023 | 11:33 am
News sentiment analysis
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NEGATIVE IMPACT
BioNTech SE shares dipped 8.1% to $95.24 in pre-market trading after Pfizer cut its COVID-19 vaccine and therapy sales outlook.
The stock dipped following Pfizer's cut in its COVID-19 vaccine and therapy sales outlook, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Elbit Systems Ltd. fell 4.8% to $201.62 in pre-market trading.
The stock fell in pre-market trading, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Manchester United plc fell 11.8% to $17.62 in pre-market trading.
The stock fell significantly in pre-market trading, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Maxeon Solar Technologies, Ltd. fell 3.9% to $8.72 in pre-market trading.
The stock fell in pre-market trading, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Moderna, Inc. declined 5.2% to $93.21 in pre-market trading after falling 2.5% on Friday.
The stock declined in pre-market trading, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Novavax, Inc. fell 3.7% to $6.79 in pre-market trading. Shares of vaccine stocks traded lower after Pfizer reduced its 2023 COVID vaccine revenue outlook.
The stock fell in pre-market trading following Pfizer's cut in its COVID-19 vaccine revenue outlook, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The Trade Desk, Inc. declined 4.6% to $76.55 in pre-market trading after falling 5% on Monday.
The stock declined in pre-market trading, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100