Published 1 year ago • loading... • Updated 1 year ago

Moderna posts surprise quarterly profit even as Covid vaccines sales plummet

Summary by Ground News

Moderna Inc. shares jumped more than 7% premarket on Thursday. The company reported a surprise fourth-quarter profit, even as its COVID product sales continue to plunge. Moderna shares have dropped 11.9% in the year to date, while the S&P 500 is up 4.4%.

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MarketWatch

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Moderna’s stock pops after surprise quarterly profit, even as COVID sales continue to slide

Moderna on Thursday reported a surprise fourth-quarter profit even as its COVID product sales continue to plunge.

1 year ago·United States

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CNBC

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Moderna posts surprise quarterly profit even as Covid vaccines sales plummet

Moderna reiterated its full-year 2024 sales guidance of roughly $4 billion.

1 year ago·United States

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CTN News l Chiang Rai Times

Moderna Makes Surprise Profits On Covid Vaccines

(CTN News) – Despite slumping sales of the Covid vaccine, the company’s only marketable product, Moderna posted a surprise quarterly profit on Thursday. With the world emerging from pandemics and utilising fewer protective shots and treatments, the biotech company and other Covid vaccine makers have had a rocky year. According to LSEG, formerly known as […]

1 year ago

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