why is moderna stock dropping reddit

For example I bot JNJ NVS SNY PG. That were flying off the shelf.

Moderna Says Omicron Targeted Shot Bolsters Antibodies In Trial Bnn Bloomberg

Analyst Geoff Meacham cut his rating on Moderna from neutral to underperform and reiterated his price forecast of 150 per share.

. Ive got shares in both and every day its the same - good news consistent losses. Moderna reported better-than-expected earnings and said that its vaccine is more than 90 effective after six months but that wasnt enough to push the. All somewhat health related stocks JNJ PG also sell a lot of consumer goods such as sanitizer hair products etc.

According to the reports the efficacy of Modernas vaccine declined to 76 in July while the efficacy of PfizerBioNTech dropped to. Shares of Moderna MRNA 453 were trading down by 25 as of 1207 pm. First the company announced its expansion into clinical trials testing its Covid.

Novavax a Reddit-favored vaccine play is making moves today both overseas and in the realm of pediatric health. EST Tuesday after falling as much as 61 earlier in the session. Meachams estimate is roughly 13 below Modernas closing price on.

The stock got an additional boost after recent reports suggested that Modernas vaccine was more effective against the Delta variant of coronavirus compared to the vaccine developed by BioNTech and Pfizer. The company stated on Monday that it is. I keep hesitating to seek thinking theyre going to skyrocket but each milestone passes with no results.

Depends on why you bought it in the first place does it still meet that criteria.

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