Category: Moderna

Here’s Why Moderna Collapsed by 25% in a Week
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Here’s Why Moderna Collapsed by 25% in a Week

Moderna‚Äôs stratospheric rise made it the largest biotech firm without an approved product. The stock is now in freefall after a spate of developments likely to affect the company negatively. Moderna is one of the first firms to have entered the development of a Covid-19 vaccine. Moderna (NASDAQ:MRNA) was one of the earliest biotech firms…

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Moderna Hype Is About to End in Tears: JPMorgan
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Moderna Hype Is About to End in Tears: JPMorgan

Shares of Moderna have soared on positive news about a vaccine. JPMorgan slashed its rating and price target on the biotech. Moderna stock price is too high relative to its fundamentals. While many stocks have been hammered by the pandemic, others have exploded. Moderna (NASDAQ:MRNA) is one of those. At the start of the year,…

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