DanM wrote:
Scam artists and fly-by-nighters getting exactly what they deserve. I am surprised the collapse is happening so .quickly
"Moderna’s stock has plunged roughly 83% from its August 2021 peak when its market capitalization was nearly $200 billion. Shares have wilted as optimism waned for future Covid sales and investors pivoted to stocks related to the new class of weight- loss drugs — known as GLP-1s. Moderna — which once drew comparisons to Tesla Inc. — is one of the worst-performing S&P 500 names so far this year."
Moderna is doing better than biotech on average Dan. Biden propping them up? Or maybe... Fauci?