The U.K. Canceled a Vaccine Deal. Here’s the Fallout for Valneva and 3 Other Stocks.

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https://www.barrons.com/articles/valneva-covid-vaccine-canceled-51631539751

Sept. 13, 2021 9:32 americium ET

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Valneva‘s American depositary receipt dropped astir 40% aft the French institution said the U.K. authorities had canceled a woody to bargain 100 cardinal doses of its experimental Covid-19 vaccine.

Valneva’s (ticker: VALN) ADR was down 38.5% successful premarket trading. In a connection issued aboriginal Monday, the institution said that the U.K. authorities had terminated the woody aft claiming that Valneva had not lived up to its obligations.The vaccine developer said it “strenuously” denied the charge.

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