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France 24

Business

Charles PELLEGRIN

Biden's comments send Covid-19 vaccine maker stocks tumbling

Vaccine Covid-19 Joe Biden Porsche Pandemic United States Video Game

BUSINESS DAILY © FRANCE 24

US President Joe Biden's claim in a TV interview that "the pandemic is over" has triggered a sell-off, wiping over $10 billion off the market value of the main Covid-19 vaccine makers. Investors are worried about public apathy towards Covid and the resulting impact on demand for vaccines and boosters. Also in this update, we take a look at the highly awaited Porsche IPO, as well as leaked footage from an upcoming instalment of iconic video game franchise Grand Theft Auto.

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