Top Pfizer and Moderna Shareholders Netted $10B This Week from Omicron

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The discovery of the Omicron coronavirus variant caused the wealth of eight top Pfizer and Moderna shareholders to skyrocket by a combined €9 billion ($10.31 billion) in one week, according to campaigners.

The campaigners from Global Justice Now said pharmaceutical executives are “making a killing from a crisis they helped to create”, with vaccine inequality helping to create the conditions for the Omicron variant to emerge.

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Moderna’s shares skyrocketed after the announcement of the variant and settled at $310.61 per share on December 1st, up 13.61 per cent from the previous Wednesday. Pfizer’s shares rose by 7.41 per cent from $50.91 per share to $54.68 per share.

www.breakingnews.ie/world/omicron-variant-made-e9-billion-for-top-pfizer-and-moderna-shareholders-campaigners-say-1223700.html

 

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h/t Doorbert Returns

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