What's Going On With Moderna Stock Today?
Portfolio Pulse from Vaishali Prayag
Moderna Inc. (NASDAQ:MRNA) shares are trading lower after a recent surge due to bird flu concerns and predictions of a slight rise in COVID-19 cases. Despite CDC assurances, concerns about bird flu have increased, prompting Moderna and other vaccine manufacturers to test human vaccines against it. Experts also anticipate a small rise in COVID-19 cases due to the new KP.2 variant.
May 28, 2024 | 7:36 pm
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NEGATIVE IMPACT
Moderna shares are down 8.53% after a recent surge driven by bird flu concerns and predictions of a slight rise in COVID-19 cases. Despite CDC assurances, concerns about bird flu have increased, prompting Moderna to test human vaccines against it.
The stock is reacting to a pullback after a recent surge driven by bird flu concerns and COVID-19 predictions. Despite CDC assurances, the heightened concerns about bird flu and the company's involvement in vaccine testing are significant factors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100