Menu Close

Jibber Jabber

Given the disposition of most Slopers, I suspect there isn’t much sympathy for the Covid-19 vaccine-profiteers getting hit. In particular, Moderna (MRNA) a company that was in the right place at the right time when Covid hit (and, in doing so, made its founders multi-billionaires) is getting nuked again. At this point, it has lost well more than 40% of its value.

Other Covid beneficiaries are feeling the heat ,too, such as BNTX:

Looking at the unadorned, arithmetically-scaled MRNA for its entire history, you can clearly see how February 2020 was the liftoff point for MRNA, and how dramatic its tumble has been since its peak just three months ago.

RSS
Follow by Email
LinkedIn
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading