Moderna Inc (MRNA): MRNA continues to trade at a ludicrous v...

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Wednesday, 11/10/2021 5:09:24 PM

Wednesday, November 10, 2021 5:09:24 PM

MRNA continues to trade at a ludicrous valuation. It’s not a 90B company. Yes the vaccine works but they have a pretty narrow pipeline. The cash from the vaccine is nice for the balance sheet but where was this company before the pandemic? They were valued then at $18-20B. Note they missed on last earnings. The trajectory is on the backside now.

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