Moderna shares are trading lower. The company was hit with a patent infringement lawsuit from Northwestern University.
Portfolio Pulse from Benzinga Newsdesk
Moderna's shares are declining following a patent infringement lawsuit filed by Northwestern University.
October 17, 2024 | 5:09 pm
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NEGATIVE IMPACT
Moderna's stock is experiencing a decline due to a patent infringement lawsuit filed by Northwestern University.
The lawsuit introduces legal uncertainty and potential financial liabilities for Moderna, which is likely causing investor concern and leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100