Moderna Inc. ($MRNA) Stock Forecast: Down 12.6% Today

What is Moderna Inc.?

Moderna Inc. is a biotechnology company that focuses on mRNA-based vaccines. The company's stock notably experienced significant downward movement in the market recently.

Why is Moderna Inc. going down?

MRNA stock is down 12.6% on Sep 12, 2024 19:50

• Moderna unveiled its post-Covid strategy, which involved reducing research spending and projecting lower sales for 2025 than anticipated. This announcement likely influenced the recent decline in the stock price as investors may have doubts about the company's future growth.
• By slashing expenses and prioritizing specific pipeline projects, Moderna may have sparked concerns among investors regarding its sustainability and ability to innovate in the long term.
• Although there was bearish sentiment in the options market, with a notable percentage of traders taking a pessimistic stance, major financial institutions displayed confidence in Moderna by making bullish moves. This conflicting data could have contributed to the stock's volatility and downward trend.
• In conclusion, the combination of updated financial forecasts, cost reduction strategies, and diverse market sentiment likely played a role in the recent bearish performance of Moderna's stock.

MRNA Price Chart

MRNA News

Why Are Novavax Shares Trading Lower Today? - Novavax ( NASDAQ:NVAX )

Novavax Inc. NVAX shares are on watch Thursday. Here's a recap of recent events. Short Interest: Novavax's short interest has fallen, signaling that fewer investors are betting against the stock. It would take about 3.09 days to cover all short positions based on average trading volumes.

https://www.benzinga.com/news/24/09/40840115/why-are-novavax-shares-trading-lower-today

Moderna Outlines Post-Covid Roadmap, Cuts Research Budget, Forecasts 2025 Sales Below Expectations - Moderna ( NASDAQ:MRNA )

Thursday, Moderna Inc MRNA unveiled key updates at its annual R&D Day, spotlighting its mRNA-based pipeline and revised financial plans. CEO Stéphane Bancel emphasized the company's success in respiratory vaccines, stating that Moderna now has five respiratory vaccines with positive Phase 3 ...

https://www.benzinga.com/general/biotech/24/09/40834547/moderna-outlines-post-covid-roadmap-cuts-research-budget-forecasts-2025-sales-below-expectations

Moderna to cut $1.1 billion in costs and launch 10 new products by 2027 as it charts post-Covid future

Moderna is deprioritizing certain parts of its pipeline, which involves pausing work on some products and scrapping others.

https://www.cnbc.com/2024/09/12/moderna-rd-day-1-billion-in-cost-cuts-10-product-launches-planned.html

A Closer Look at Moderna's Options Market Dynamics - Moderna ( NASDAQ:MRNA )

Financial giants have made a conspicuous bullish move on Moderna. Our analysis of options history for Moderna MRNA revealed 11 unusual trades. Delving into the details, we found 45% of traders were bullish, while 36% showed bearish tendencies.

https://www.benzinga.com/insights/options/24/09/40775447/a-closer-look-at-modernas-options-market-dynamics

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These ten mid-cap stocks were the best performers in August. Are they in your portfolio? Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio? Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The ...

https://www.benzinga.com/markets/asia/24/09/40764430/ast-spacemobile-and-polestar-automotive-are-among-top-10-best-performing-mid-cap-stocks-in-august-ar

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Moderna Inc. Price History

22.07.2024 - MRNA Stock was down 5.2%

• An approval was granted for updated COVID-19 vaccines from Pfizer and Moderna, targeting the Omicron variant KP.2 strain of SARS-CoV-2. This development might have contributed to the bearish movement for Moderna as investors could have anticipated a more significant market impact from the approval.
• Concerns may have arisen among investors about the competitive landscape following the approval of the updated vaccines, as Novavax's shot did not receive FDA authorization, potentially impacting Moderna's market position.
• Market behavior could also be attributed to profit-taking by traders who were expecting a more positive response to the FDA approval news, thus prompting a sell-off in Moderna's stock.
• The bearish trend in Moderna's stock today likely stems from investors reassessing the potential market implications of the FDA approval in light of developments in the COVID-19 vaccine landscape.

22.07.2024 - MRNA Stock was down 5.1%

• The bearish movement in Moderna's stock today could be attributed to profit-taking by investors after a period of positive developments.
• Despite receiving FDA approval for an updated COVID-19 vaccine targeting the KP.2 variant, the market may have reacted negatively due to concerns about potential competition or market saturation.
• The bearish stance observed in Moderna's options trading could have influenced overall sentiment towards the stock, leading to a downward trend in its price.
• Investors might be waiting for more concrete updates from Moderna's upcoming Investor Event R&D Day and Business Updates before committing further to the stock, causing a temporary dip in its value.

22.07.2024 - MRNA Stock was down 5.0%

• Today's bearish movement in Moderna's stock (MRNA) can be attributed to the following factors:
• The announcement of an upcoming Investor Event and Business Updates may have raised concerns or uncertainties among investors, leading to a sell-off.
• The bearish stance taken by investors with significant capital, as indicated by options trading data, could have influenced market sentiment negatively.
• The ongoing securities class action lawsuits and reminders of lead plaintiff deadlines may have created legal uncertainties and investor unease, contributing to the downward pressure on the stock price.
• Overall, the combination of legal challenges and potential investor skepticism regarding future business developments might have fueled the bearish trend in Moderna's stock today.

03.08.2024 - MRNA Stock was down 5.1%

• Moderna's stock recently faced a decline, possibly influenced by profit-taking post an upward trend or uncertainties related to legal matters.
• The selling of company shares by Moderna's CFO and chief legal officer might have contributed to investor hesitancy and a pessimistic outlook on the stock.
• The FDA's approval of Novavax's updated COVID-19 vaccine could have shifted investor attention towards other vaccine choices, impacting Moderna's stock negatively.
• Taken together, the mix of profit-taking, insider selling, and increased competition within the vaccine market likely drove Moderna's downward trend today.

12.08.2024 - MRNA Stock was down 16.7%

• Moderna announced plans to cut $1.1 billion in costs and focus on launching 10 new products by 2027, indicating a strategic shift in its pipeline.
• Despite a positive CHMP opinion for its updated COVID-19 vaccine, the market reacted bearishly to the news, possibly due to concerns about the impact of deprioritizing certain products.
• The bullish options market dynamics with financial giants making notable moves may suggest conflicting sentiments among traders, with a slightly higher percentage leaning towards a bullish outlook.
• The combination of cost-cutting measures, product prioritization, and market dynamics could have contributed to the bearish movement in Moderna's stock price today.

12.08.2024 - MRNA Stock was down 12.6%

• Moderna unveiled its post-Covid strategy, which involved reducing research spending and projecting lower sales for 2025 than anticipated. This announcement likely influenced the recent decline in the stock price as investors may have doubts about the company's future growth.
• By slashing expenses and prioritizing specific pipeline projects, Moderna may have sparked concerns among investors regarding its sustainability and ability to innovate in the long term.
• Although there was bearish sentiment in the options market, with a notable percentage of traders taking a pessimistic stance, major financial institutions displayed confidence in Moderna by making bullish moves. This conflicting data could have contributed to the stock's volatility and downward trend.
• In conclusion, the combination of updated financial forecasts, cost reduction strategies, and diverse market sentiment likely played a role in the recent bearish performance of Moderna's stock.

12.08.2024 - MRNA Stock was down 14.0%

• Moderna's stock experienced a bearish movement today despite receiving a positive opinion from the Committee for Medicinal Products for Human Use for its updated COVID-19 vaccine, Spikevax.
• The bearish trend could be attributed to the company outlining a post-COVID roadmap that includes cutting research budgets and forecasting 2025 sales below expectations. Investors might be concerned about the impact of these decisions on the company's future growth prospects.
• Additionally, Moderna's decision to cut costs and deprioritize certain products in its pipeline could have contributed to the negative market sentiment, as investors may be uncertain about the company's long-term strategy and potential revenue streams.
• The bullish move in the options market, with financial giants showing confidence in Moderna, suggests a mixed sentiment among traders, with some remaining optimistic about the company's future despite the recent developments.

09.08.2024 - MRNA Stock was up 5.0%

• Moderna (MRNA) witnessed significant upward movement in market trading today.
• The favorable CHMP opinion regarding Moderna's updated COVID-19 vaccine, Spikevax, likely played a role in the positive market trend.
• Reports of substantial investments from experienced investors in MRNA options, alongside contrary bearish viewpoints, may reflect a strong belief in the company's future potential.
• Market participants appear hopeful about Moderna's prospects within the biotechnology industry, particularly in light of its ongoing contributions to combating COVID-19.

09.08.2024 - MRNA Stock was up 5.7%

• Moderna's stock (MRNA) witnessed a notable increase in value today.
• The favorable CHMP opinion on Moderna's updated COVID-19 vaccine, Spikevax, likely contributed to the positive market sentiment.
• Despite some pessimistic wagers in the options market, the overall market conditions, particularly buoyed by the favorable updates on its COVID-19 vaccine, drove the stock price up.
• The significant buying activity from financial institutions in support of Moderna and the endorsement for marketing authorization of its updated COVID-19 vaccine may have instilled confidence in investors, driving the upward momentum in the market.

02.07.2024 - MRNA Stock was down 10.1%

• Moderna's stock dropped by over 21% following the revision of its revenue guidance, attributed to intense competition in the respiratory vaccine market and reduced demand for its COVID-19 vaccines.
• Analysts have reduced their price targets for Moderna, expressing concerns about competitive challenges posed by other companies like GSK and Pfizer, contributing to the overall negative sentiment towards the stock.
• Reports of a fraud investigation by the Schall Law Firm looking into potential securities law violations by Moderna could have also played a role in the bearish movement.
• The notable decrease in Moderna's stock price today can be attributed to the combination of reduced revenue guidance, competitive pressures, and legal scrutiny the company is currently facing.

07.07.2024 - MRNA Stock was down 5.0%

• The bearish movement in Moderna's stock today can be attributed to:
• Deep-pocketed investors adopting a bearish approach towards the company, as indicated by options market activity.
• Despite a recent upgrade to "Hold" by Deutsche Bank, the overall sentiment may have been influenced by concerns raised in the options market.
• Speculation in the biotech sector about potential slowdowns in sales or disappointing reports impacting stock performance, as seen in the broader context of biotech stocks to sell.
• The agreement to delay a patent trial with Arbutus Biopharma might have added uncertainty to Moderna's future prospects, contributing to the bearish sentiment.
• Despite today's bearish movement, Moderna has shown strong long-term performance, outperforming the market significantly over the past 5 years, which could provide some reassurance to long-term investors.

15.07.2024 - MRNA Stock was up 5.3%

• Despite facing multiple class-action lawsuits and allegations of misleading investors regarding the efficacy of its RSV vaccine, Moderna (MRNA) experienced a strong bullish movement in the market today.
• Investors might be optimistic about the company's future prospects, potentially driven by positive developments in its pipeline or overall market sentiment towards the biotech sector.
• The legal challenges and investigations seem to have had a limited impact on Moderna's stock performance, indicating that investors are focusing more on the company's innovation and growth potential.
• This divergence between legal troubles and market performance could suggest that investors have confidence in Moderna's ability to navigate these challenges and continue its trajectory of success in the biopharmaceutical industry.