
NASDAQ:MRNA
This summary was created by AI, based on 6 opinions in the last 12 months.
Moderna (MRNA-Q) has recently garnered significant attention on the stock market, experiencing a remarkable surge in share prices following notable medical advancements, particularly in oncology. As of now, the stock is trading around $140.13, reflecting an impressive increase of over 154% from the start of the month. Despite being one of the top performers in various months, experts highlight that the company is still operating at a loss, with profitability not anticipated until 2029. Investor excitement is further fueled by ongoing clinical trials for innovative drugs, including personalized anti-cancer vaccines. However, some experts suggest that while the stock has performed well, potential investors should consider waiting for a pullback before entering the market.
In past years, biotech was the safe trade, but this year risk is back, so these stocks have fallen out of favour. Also, there are so many drugs in trials now and big pharma needs new product. She's looking at Gilead and Moderna, because they have low PEs and alot of drugs in development. However, the overall sector is risky.
They have special technology; this morning they announced a collaboration with AI. Shares have been declining and there are sellers everywhere. You have to wait until they invent the special vaccines en masse they promised.