Moderna Slumps Premarket; Regeneron and Qualcomm Rise - Printable Version
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Moderna Slumps Premarket; Regeneron and Qualcomm Rise - theold - 05-11-2021
Moderna (NASDAQ:MRNA) stock slumped 11% after the vaccine maker cut its full-year sales forecast for its Covid-19 vaccine to between $15 billion and $18 billion from $20 billion, amid difficulties with the production of its two-dose inoculation.
Regeneron (NASDAQ:REGN) stock rose 2.4% after the biotech company reported that its third-quarter profit nearly doubled, boosted by strong sales of its drugs, including its Covid-19 antibody offering.
https://finance.yahoo.com/news/moderna-slumps-premarket-regeneron-qualcomm-075754744.html