Moderna stock plummeted Thursday after the company reported lighter-than-expected Covid vaccine sales and third-quarter earnings.
The bad news of
$Moderna (MRNA.US)$ Moderna vaccine sales means good news for
$Pfizer (PFE.US)$ Pfizer/BioNTech. It is therefore unreasonable to see that BioNTech's stock price needs to fall together with Moderna !
Mikey_Vibez : While competitor Pfizer raised its guidance for the whole year, Moderna cited production and transportation difficulties and lowered its vaccine sales guidance for this year.
A-Train1017 : How did you get to be so smart?