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Moderna Stock Bullish Momentum With A 10.78% Rise Today

Via News Editorial Team

November 25, 2020

Moderna Stock Bullish Momentum With A 10.78% Rise Today
According to today's article on Bloomberg Quint, "Moderna Soars to Record Ahead of Final Covid Vaccine Analysis." The Nasdaq Stock Market ended the session with Moderna jumping 10.78% to $109.18 on Wednesday, following yesterday's downward trend. The Nasdaq Stock Market jumped 0.48% to $12,094.40, after two successive sessions in a row of gains, on what was a somewhat positive trend exchanging session today. Moderna today's close was $109.18, 0.48% below its 52-week high of $108.66. Moderna's sales growth is 1271.1% for the present quarter and 5174.8% for the next. The company's growth estimates for the current quarter is a negative 62.2% and positive 254.3% for the next. Year-on-year quarterly revenue growth grew by 826.4%, now sitting on 246.7M for the twelve trailing months. Moderna's stock is valued at $109.18 at 16:47 EST, higher than its 52-week high of $108.66. Moderna's value is way above its 50-day moving average of $77.77 and way higher than its 200-day moving average of $70.18. According to Bloomberg Quint on Mon Nov 23, "Moderna Chief Sells More Shares Ahead of Urgent Vaccine Filing."