Making Huge Profit from Moderna Share
A year ago, Moderna ( MRNA-3.18%) surged above $480 per share. Since the end of 2019, the stock had increased by 2,400%.
The stock had gained 2,400% since the end of 2019. Investors initially bet on the company's ability bring a COVID-19 vaccine to market.
Making Huge Profit from Moderna Share
Making Huge Profit from Moderna Share
Later, they rallied behind shares as the vaccine earned billions in revenue.
Moderna has lost much of its momentum since then. Moderna shares fell 43% during the first half.
Making Huge Profit from Moderna Share
This was despite the fact that the company reported record-breaking profit and revenue.
Making Huge Profit from Moderna Share
The greatest worry Investors are most concerned about the possibility of a sharp decline in coronavirus vaccine sales.
Making Huge Profit from Moderna Share
Moderna's coronavirus vaccine is the only product that has been commercialized at this time.
Making Huge Profit from Moderna Shares
Image Source-Reuters
Here's why. Experts predict that the coronavirus will persist. Evidence of this has been provided by new variants.
Making Huge Profit from Moderna Shares
Image Source-Barrot
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