#moderna

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    MODERNA STOCK RALLIES AFTER CANADIAN APPROVAL OF UPDATED COVID-19 VACCINE

    Moderna Inc. (MRNA) shares saw a significant rise on Tuesday, climbing nearly 4% after Canadian regulators approved the company's updated COVID-19 vaccine, Spikevax KP.2. The vaccine, which targets the KP.2 variant of the virus (a descendant of the JN.1 variant), is now authorized for use in...
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    MODERN STOCK PLUNGES NEARLY 20% AS COMPANY REPORTS POOR COVID 19 VACCINE SALES AND R&D BUDGET CUTS

    Moderna Inc. (NYSE: MRNA) saw its stock plummet by nearly 20% following a significant announcement about its research and development (R&D) strategy. The biotechnology company revealed that it will cut its R&D budget by approximately $1.1 billion by 2027, representing a 20% reduction. This...