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Why Moderna Stock Was So Healthy This Week


(NASDAQ: MRNA), the next-generation healthcare company most famous for developing the Spikevax coronavirus vaccine, was an uncharacteristically popular stock. Investors piled into its shares over the week, sending it to a more than 12% gain over the period, according to data compiled by S&P Global Market Intelligence. Positive news from the lab was a significant factor in this.

On Monday, Moderna published the results of a late-stage study of mRNA-1010, its seasonal flu vaccine. In a phase 3 clinical trial the vaccine, developed using Moderna's signature mRNA-based approach, produced a more robust immune response than a standard flu jab currently available on the market.

Image source: Getty Images.

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Source Fool.com

Moderna Inc. Stock

€43.49
-0.780%
Moderna Inc. shows a slight decrease today, losing -€0.340 (-0.780%) compared to yesterday.
Based on 8 Buy predictions and 9 Sell predictions the sentiment towards Moderna Inc. is rather balanced.
A target price of 21 € results in a potential of -51.71% which would mean heavy losses compared to the current price of 43.49 € for Moderna Inc..
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