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Moderna Stock Crash: Losses Top $140 Billion As Insiders Sell Millions Of Dollars In Shares

Jonathan Ponciano
By Jonathan Ponciano

Shares of Moderna plummeted Monday as Covid-19 vaccine-makers led a turbulent market decline, pushing the stock to its lowest level in nearly a year after disappointing study results and a slew of sales from the firm’s top executives added to concerns that have made one of last year’s top-performing stocks crash more than 70%.

KEY FACTS

Moderna stock fell as much as 13% on Monday to a 10-month low of less than $140, pushing shares down more than 30% over the past month amid a sell-off largely centered on technology and healthcare firms that skyrocketed in value during the pandemic…

 

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