Moderna Joins Top S&P 500 Firms as Stock Value Triples

Bloomberg2021-07-22

(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock this year -- by a mile. The move caps the drugmaker’s transformation from an early-stage biotech to...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Guardian91
2021-07-22
Guardian91
Vaccination is more of a necessity for the next 5 years till the world has more or less achieved herd immunity. Moderna can hold the spot for awhilebut it need to innovate or have other high efficiency drugs for any further long term growth potential. ?
Shank88
2021-07-22
Shank88
The constant need for vaccines and boostershots will Ensure consistent profitability. Cheap? Maybe not.
377tkr
2021-07-22
377tkr
How true?
xiaochan
2021-07-22
xiaochan
Wow! Go go go!!
TriciaChang
2021-07-22
TriciaChang
Ok
- Stefffunnyyy:
  Good
QqSM
2021-07-22
QqSM
Great summary. Thanks
- Sm9999:
  Kk

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1105130573?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-22 10:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105130573","market":"us","top_or_hot":-1,"title":"Moderna Joins Top S&P 500 Firms as Stock Value Triples","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock this year -- by a mile.\nThe move caps the drugmaker’s transformation from an early-stage biotech to...</p>\n\n<a href=\"https://finance.yahoo.com/news/moderna-joins-top-firms-p-110555617.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Moderna Joins Top S&P 500 Firms as Stock Value Triples</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nModerna Joins Top S&P 500 Firms as Stock Value Triples\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 10:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/moderna-joins-top-firms-p-110555617.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock this year -- by a mile.\nThe move caps the drugmaker’s transformation from an early-stage biotech to...</p>\n\n<a href=\"https://finance.yahoo.com/news/moderna-joins-top-firms-p-110555617.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MRNA","symbol_name":"Moderna, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/moderna-joins-top-firms-p-110555617.html","article_id":"1105130573","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105130573","pubTimestamp":1626921817,"sourceInfo":{"source_id":"lsy1612507957220","name":"finance.yahoo"},"weMediaInfo":null,"summary":"(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MRNA":"Moderna, Inc."},"translate_title":"莫德纳加入标普500顶级公司，股价上涨两倍","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MRNA":0.9},"content_text":"(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock this year -- by a mile.\nThe move caps the drugmaker’s transformation from an early-stage biotech to a vaccine maker supplying Covid shots to the world. With a gain of just over 207% so far in 2021, Moderna’s share performance tops the index’s existing leader, L Brands Inc., which has risen about 104%.\nIn the runup to its inclusion in the U.S. benchmark, Moderna’s stock has made fresh highs advancing more than 30% over four sessions before a 2% dip on Tuesday. Its shares closed 4.5% higher at $321.11, another record, with a market value of about $129 billion.\nModerna’s rise has come largely from its innovations in developing messenger RNA vaccines, which use the body’s cells as mini vaccine factories. That has led some Wall Street analysts to call it the “Tesla of biotech” because the Cambridge, Massachusetts-based company is charting a course that may change the way infectious diseases are treated.\nThe company secured its place in the upper echelons of U.S. biotechs next to AbbVie Inc. and Amgen Inc. -- after receiving emergency authorization for its Covid-19 vaccination last December, just a week behind Pfizer Inc. and BioNTech SE.\nBut the parallels with Tesla don’t necessarily bode well for Moderna’s stock. Since the day before Tesla’s inclusion in the benchmark in December, it has fallen about 6% versus the index’s gain of nearly 18%. Other recent additions to the index have also underperformed.\nShares of companies entering the index typically rally ahead of the inclusion as investors adjust their portfolios. Moderna’s shares were already losing steam on Tuesday, closing 2% lower at $307.33.\nSkeptics of Moderna’s surge in recent months note that its pipeline is in the early stages of human testing while the market for Covid-19 booster shots isn’t yet fully understood.\nStill, recent lab results show Moderna’s jab produces antibodies against the Covid-19 Delta variant. Analysts at Goldman Sachs also predict Moderna could have a new flu shot on the market by 2023 and a combination of a flu and Covid-19 vaccine as soon as 2024. The company also is working on new vaccines and medicines for cancer and HIV as well as Zika and heart disease.\nA survey of 191 hedge funds and institutional investors from Jefferies trading desk indicated that roughly 73% of respondents expect Moderna shares to be little changed or to fall 20% or worse into year end. The investors were most keenly focused on a delta booster and flu shot results, while only 13% were long Moderna.\n“In the end, we still have no idea who is buying the stock,” Will Sevush, a strategist with Jefferies wrote to clients, “bulls are very few and very far between.”\nSales of mRNA-1273, as Moderna’s Covid inoculation is called, are likely to beat Wall Street consensus for $18.1 billion in 2021, according to Goldman. But even the Wall Street high price target of $299 from Moderna’s biggest enthusiast -- Goldman analyst Salveen Richter -- implies further retreat.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":172358852,"gmtCreate":1626939561876,"gmtModify":1703480942845,"author":{"id":"3572064005702971","authorId":"3572064005702971","name":"Guardian91","avatar":"https://static.tigerbbs.com/e4a68d7a51e72bf7de3fb84741373219","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572064005702971","authorIdStr":"3572064005702971"},"htmlText":"Vaccination is more of a&nbsp;necessity for the next 5 years till the world has more or less achieved herd immunity. Moderna can hold the spot for awhilebut it need to innovate or have other high efficiency drugs for any further long term growth potential. ?","listText":"Vaccination is more of a&nbsp;necessity for the next 5 years till the world has more or less achieved herd immunity. Moderna can hold the spot for awhilebut it need to innovate or have other high efficiency drugs for any further long term growth potential. ?","text":"Vaccination is more of a necessity for the next 5 years till the world has more or less achieved herd immunity. Moderna can hold the spot for awhilebut it need to innovate or have other high efficiency drugs for any further long term growth potential. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172358852","repostId":1105130573,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172979708,"gmtCreate":1626931113004,"gmtModify":1703480824883,"author":{"id":"3555541900193425","authorId":"3555541900193425","name":"Shank88","avatar":"https://static.tigerbbs.com/a154c05a17a8a27be584e08972979b04","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3555541900193425","authorIdStr":"3555541900193425"},"htmlText":"The constant need for vaccines and boostershots will Ensure consistent profitability. Cheap? Maybe not.","listText":"The constant need for vaccines and boostershots will Ensure consistent profitability. Cheap? Maybe not.","text":"The constant need for vaccines and boostershots will Ensure consistent profitability. Cheap? Maybe not.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172979708","repostId":1105130573,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172939489,"gmtCreate":1626925807341,"gmtModify":1703480724472,"author":{"id":"3582001642809284","authorId":"3582001642809284","name":"377tkr","avatar":"https://static.tigerbbs.com/25cbfadab64a300119ffe30a37937ff2","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3582001642809284","authorIdStr":"3582001642809284"},"htmlText":"How true?","listText":"How true?","text":"How true?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172939489","repostId":1105130573,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172997880,"gmtCreate":1626925631040,"gmtModify":1703480720586,"author":{"id":"3570343633899015","authorId":"3570343633899015","name":"xiaochan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570343633899015","authorIdStr":"3570343633899015"},"htmlText":"Wow! Go go go!!&nbsp;","listText":"Wow! Go go go!!&nbsp;","text":"Wow! Go go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172997880","repostId":1105130573,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172078081,"gmtCreate":1626923969943,"gmtModify":1703480684999,"author":{"id":"3560421500323385","authorId":"3560421500323385","name":"TriciaChang","avatar":"https://static.tigerbbs.com/5cb6619edb253a8bb8b2776c7d9b0e02","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3560421500323385","authorIdStr":"3560421500323385"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172078081","repostId":1105130573,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5290204,"gmtCreate":1626924187508,"gmtModify":1663231300844,"authorId":3569571463653731,"author":{"id":3569571463653731,"idStr":"3569571463653731","authorId":3569571463653731,"name":"Stefffunnyyy","avatar":"https://static.tigerbbs.com/0f4caf72fd5910b8e8eecf36a72faded","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172078081,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":172079396,"gmtCreate":1626923784415,"gmtModify":1703480681123,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"htmlText":"Great summary. Thanks","listText":"Great summary. Thanks","text":"Great summary. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172079396","repostId":1105130573,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5290313,"gmtCreate":1626925114216,"gmtModify":1663231304343,"authorId":3556603880908436,"author":{"id":3556603880908436,"idStr":"3556603880908436","authorId":3556603880908436,"name":"Sm9999","avatar":"https://static.tigerbbs.com/f22a01c260a2d3210c64d83a162185c8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172079396,"type":1,"supId":0,"prevId":0,"content":"Kk","text":"Kk","html":"Kk"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":99,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1105130573"}