Here's Why Moderna's Stock Could Crash Before the End of 2021
If you invested in COVID-19 vaccine maker Moderna (NASDAQ: MRNA) last year, you're likely sitting on a fantastic return, as the stock is up more than 500% in 12 months (the S&P 500 has increased by just 31%). But the danger in continuing to hold the stock or buying it today is that it could crash in the months ahead, perhaps even before the end of 2021.
With a pricey valuation that's significantly higher than analyst price targets and a business that today is dependent on COVID-19, it may only be a matter of time before a correction takes place. Here's a closer look at why I wouldn't be surprised if the stock were to fall.
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Source Fool.com
