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Moderna Jumps 4% Despite William Blair Downgrade on Valuation; Novavax and BioNTech Edge Higher

Source: 247wallst.com

Healthcare & BiotechAnalyst InsightsCompany Fundamentals
Moderna Jumps 4% Despite William Blair Downgrade on Valuation; Novavax and BioNTech Edge Higher

Moderna shares rose 4% to $217 this morning despite a valuation downgrade, as investors weighed strong cancer-vaccine data against expectations already reflected in the share price. The article gives no details on the data or the downgrade.

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