why is moderna stock down today
Moderna stock has pulled back from the highs near the 500 level towards 285 but it remains to be seen whether speculative traders and investors will rush to buy the stock. After all the newsletter they have run for over a decade Motley.
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Shares of Moderna MRNA-377 were slipping 58 as of 1052 am.
. Moderna is set to release its earnings report on February 24. However Pfizer and BioNTech. Shares of Moderna NASDAQ.
Moderna Inc NASDAQMRNA received an upgrade from Deutsche Bank to buy from hold this morning as well as a price-target hike. MRNA were sinking 76 and 82 respectively. Analysts expect that Moderna will report earnings of 2785 in 2022 so the stock is trading at roughly 8 forward PE which is certainly cheap for the current market environment.
Shares of Moderna gained strong downside momentum after the company released its third-quarter report. BNTX and Moderna NASDAQ. The company announced a long-term collaboration with Thermo Fisher Scientific.
When our award-winning analyst team has a stock tip it can pay to listen. BNTX were falling 7. Analysts expect that Moderna will report earnings of 182 per share in 2022 so the stock is trading at roughly 25 forward PE but analyst estimates may move higher in the.
There is a broad sell-off in the market and SP 500 is down. Shares of Moderna NASDAQ. Pfizer stock was down 35.
The 53 analysts offering price forecasts for Moderna have a median target of 19738 with a high estimate of 46300 and a low estimate of 6000. The decline came after Bank of America analyst Geoff Meacham wrote to investors. Shares of Moderna are down by 7 today as higher Treasury yields put significant pressure on high-growth stocks.
Shares of BioNTech NASDAQ. Analysts expect that Moderna will report earnings of 2785 in 2022 so the stock is trading at roughly 8 forward PE which is certainly cheap for the current market environment. Analyst estimates for Modernas earnings in 2021 have recently moved lower and now analysts expect that the company will report earnings of 2931 per share this year.
Shares of Moderna gained additional downside momentum today after Merck s COVID-19 drug molnupiravir received an emergency use authorization from FDA. Shares of Pfizers partner BioNTech NASDAQ. Vaccine stocks remain under pressure due to poor earnings visibility.
Moderna stock is already down by more than 70 from the highs that were reached back in August 2021 but there is no rush to buy the stock as traders question the future of. Year-over-year MRNA remains down over 68. MRNA fell 135 on Monday after health officials indicated that the omicron variant might lead to less severe forms of COVID-19 than feared.
Shares of Moderna gained additional downside momentum today after Merck s COVID-19 drug molnupiravir received an emergency use authorization from FDA. PFE stock was down 27 as of 1109 am. Moderna reported revenue of 5 billion and earnings of 770 per share.
MRNA were down by 53 as of 125 pm. Moderna stock is already down by more than 70 from the highs that were reached back in August 2021 but there is no rush to buy the stock as traders question the future of. The median estimate represents a 7109.
The stock will need strong upside catalysts to. 10 stocks we like better than Moderna Inc.
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