Moderna Stock Crash Has Wiped Nearly $100 Billion As Flu Vaccine Results Trigger Latest Plunge
Topline Moderna shares plummeted Friday morning after the Cambridge, Massachusetts-based biotech firm reported early data for its seasonal flu vaccine that failed to impress investors, intensifying a crash that\’s wiped out nearly 50% of the value in one of the year\’s best-performing stocks. Despite crashing nearly 50% since August, Moderna is still the third best-performing …