Pfizer Shares Are Falling: What's Going On?

Pfizer Inc. PFE shares are trading lower by 1.93% to $45.14 Monday afternoon. Shares of several vaccine companies at large are trading lower after President Biden in a '60 Minutes' interview said the Covid pandemic is over.

What Else?

Per a Sunday report by CNN, President Biden said: “The pandemic is over. We still have a problem with Covid. We’re still doing a lot of work on it. It’s – but the pandemic is over."

CNN added that the US government still designates Covid-19 a Public Health Emergency and the World Health Organization says it remains a Public Health Emergency of International Concern.

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According to data from Benzinga Pro, Pfizer has a 52-week high of $61.71 and a 52-week low of $40.94.