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Moderna Stock Surges on Optimism of Bringing More Products to Market
MRNAModerna(MRNA) Investopedia·2024-01-02 14:50

Key TakeawaysModerna Inc. Chief Executive Officer (CEO) Stephane Bancel said Tuesday the vaccine maker expects sales to increase in 2025.Oppenheimer & Co. securities analysts upgraded the stock to "outperform," saying they expect the company will have five products on the market by 2026.Shares of Moderna, which struggled in 2023 as COVID-19 vaccine demand waned, jumped Tuesday on the news.Moderna Inc. (MRNA) shares soared 15% Tuesday as the vaccine maker got two pieces of positive news.First, Chief Executiv ...