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Moderna (MRNA) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-02-07 23:50
Moderna (MRNA) closed the latest trading day at $99.30, indicating a -0.73% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.82% for the day. At the same time, the Dow added 0.41%, and the tech-heavy Nasdaq gained 0.95%.The biotechnology company's stock has dropped by 9.21% in the past month, falling short of the Medical sector's gain of 3.2% and the S&P 500's gain of 5.59%.The investment community will be closely monitoring the performance of Moderna ...
1 Growth Stock Down 79% That's a Screaming Buy Right Now, According to Several Wall Street Analysts
The Motley Fool· 2024-01-26 10:50
Growth stocks are supposed to, well, grow. That's especially the expectation when the overall stock market soars as it did in 2023.However, even the best growth stocks can experience rough patches. Those periods, though, can present excellent buying opportunities for long-term investors. Here's one growth stock down 79% that's a screaming buy right now, according to several Wall Street analysts.Renewed bullish views about this biotech stockIt doesn't seem all that long ago when Moderna (MRNA 1.68%) was flyi ...
Moderna (MRNA) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-01-24 23:56
Moderna (MRNA) closed the latest trading day at $101.11, indicating a -0.79% change from the previous session's end. This change lagged the S&P 500's 0.08% gain on the day. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq increased by 0.36%.The biotechnology company's shares have seen an increase of 4.72% over the last month, surpassing the Medical sector's gain of 2.16% and the S&P 500's gain of 2.4%.The investment community will be paying close attention to the earn ...
1 Stock Down 43% to Buy and Hold for 10 Years
The Motley Fool· 2024-01-21 13:53
The pandemic has receded substantially, and with it, the need for vaccines and medicines against COVID-19. That's not to say we no longer need them -- just a lot less so than we did in the earlier years of the outbreak.Biotech giant Moderna (MRNA 0.64%) rose to prominence and made a lot of money thanks to its marketing of one of the leading COVID-19 vaccines, but last year, the company's shares dropped like a rock along with its revenue and earnings. Still, there is a lot to like about Moderna's business.Le ...
3 Things That Could Help 2023 Loser-Stock Moderna Roar Higher in 2024
The Motley Fool· 2024-01-18 10:00
Moderna (MRNA -1.77%) once was one of the stock market's biggest stars. The biotech stock surged more than 400% back in 2020 as it brought a coronavirus vaccine from drawing board to market in less than a year. And it continued to gain as it quickly generated billions of dollars in earnings, thanks to that vaccine.In recent times, though, Moderna's top-selling vaccine has prompted investors to turn away from the stock. That's because, as we head toward a post-pandemic situation, they're worrying about the c ...
Moderna (MRNA) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-01-17 23:56
The latest trading session saw Moderna (MRNA) ending at $100.35, denoting a -1.77% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.56%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.59%.Coming into today, shares of the biotechnology company had gained 14.67% in the past month. In that same time, the Medical sector gained 3.8%, while the S&P 500 gained 1.2%.The upcoming earnings release of Moderna will be of great interest to in ...
Moderna (MRNA) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-01-11 00:35
Moderna (MRNA) closed the latest trading day at $109.46, indicating a -0.65% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.57%. Meanwhile, the Dow gained 0.46%, and the Nasdaq, a tech-heavy index, added 0.75%.Prior to today's trading, shares of the biotechnology company had gained 41.18% over the past month. This has outpaced the Medical sector's gain of 6.86% and the S&P 500's gain of 3.4% in that time.The investment community will be paying close ...
Your Path to Wealth: 3 Stocks Predicted to Double Your Investment by 2025
InvestorPlace· 2024-01-10 01:34
Today, identifying investments with promising growth potential is a quest every investor undertakes. Within the loud noises of the stock market, three standout companies are making waves. Their strategies and innovations forecast substantial gains, promising a 2X capital level by 2025.The first one on the list is a pioneer in digital payments, emphasizing enhanced security measures and seamless platform integrations. The second is a pharmaceutical giant. It focuses on an ambitious lineup of new products, di ...
Moderna (MRNA) Issues 2023 Preliminary Results, Stock Up 4%
Zacks Investment Research· 2024-01-09 19:17
At the J.P. Morgan Healthcare Conference, Moderna (MRNA) announced several financial updates on its business and updates on its pipeline progress.Financial UpdatesFor 2023Moderna reported unaudited/preliminary product sales of nearly $6.7 billion for 2023, which were generated in its entirety from the sales of its mRNA-based COVID-19 vaccine. This figure was in line with the company’s previously reported guidance outlook, wherein it expected full-year vaccine sales to be at least $6 billion.The reported pre ...
Moderna, Inc. (MRNA) Presents at J.P. Morgan 42nd Annual Healthcare Conference Transcript
Seeking Alpha· 2024-01-09 02:18
Moderna, Inc. (NASDAQ:MRNA) J.P. Morgan 42nd Annual Healthcare Conference January 8, 2024 6:45 PM ET Company Participants Jamey Mock - Chief Financial Officer Conference Call Participants Jessica Fye - JPMorgan Jessica Fye Great. Welcome, everyone. Good afternoon. Good afternoon. My name is Jessica Fye. I'm a biotech analyst at JPMorgan, and we're continuing the 42nd Annual Healthcare Conference today with Moderna. I'm going to pass it over to the company's CFO, Jamey Mock, for a presentation and then we're ...