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Shares of Moderna fell on Thursday, despite the company reporting its first profitable quarter

Moderna not only recorded profits for the first quarter, but also raised the 2021 sales outlook for its covid-19 vaccine, as various countries ramp up their inoculation drive. Investors grew concerned, however, about the US proposing to temporarily lift patent protection for covid-19 vaccines.

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Sunday, 09 May, 2021 / 5:18

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Source : https://www.adss.com/en/market-updates/moderna-shares-slide-despite-1st-quarterly-profit/?utm_source=google_my_business&utm_medium=post&utm_campaign=google_my_business&utm_content=post

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