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Why Moderna Shares Tripped on Tuesday

TheMotleyFool

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Moderna (NASDAQ: MRNA), considered by some to be the leader of the pack of coronavirus stocks at the moment, fell by 3.9% Tuesday on what was generally an up day for the broader stock market.

The most likely reason for this is the pronouncement of a Chinese pharmaceutical company, Sinopharm, which on Tuesday set a price range for its two COVID-19 vaccine candidates.

Image source: Getty Images.

Source Fool.com

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