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Is Moderna Setting Expectations Too High?

The company may be overly optimistic when it comes to its outlook.

Moderna (MRNA) shares surge on cancer vaccine data

Moderna (MRNA) shares surge on cancer vaccine data
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Moderna Shares, Up 600% This Year, Limp Into FDA Vaccine Decision

Moderna Shares, Up 600% This Year, Limp Into FDA Vaccine Decision TheStreet 12/17/2020 © TheStreet Moderna Shares, Up 600% This Year, Limp Into FDA Vaccine Decision Moderna Inc. shares rose for the first day in four Thursday as the U.S. Food & Drug Administration prepares to grant emergency use approval for its coronavirus vaccine amid questions over the sustainability of the stock s 600% year-to-date surge. Popular Searches The FDA s Vaccines and Related Biological Products Advisory Committee will meet later today for what is likely to be a quick approval process for the Cambridge, Massachusetts-based drugmaker s mRNA-based vaccine, which reached a 94% efficacy rate against coronavirus infections in late-stage trials.

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