Moderna (MRNA) stock jumps 177% on Wednesday $USDC , and stranger still is how little news contributed to this surge. A change in estimates worth $200 million moved the stock market by $30 billion.
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Moderna’s reputation was built on its COVID-19 vaccine five years ago, and its share price is now at its highest level since mid-2024. So investors didn’t waste any time taking profits after this massive rally.
But can the stock price rise even more—or will the rally stop here?
#CFTCSeeksInputOnComputeDerivatives
Moderna’s reputation was built on its COVID-19 vaccine five years ago, and its share price is now at its highest level since mid-2024. So investors didn’t waste any time taking profits after this massive rally.
But can the stock price rise even more—or will the rally stop here?