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Moderna Stock Is Rising. A New Covid Vaccine Is Coming for Some People. - Barron's

1. FDA approved mNEXSPIKE for high-risk adults aged 65 and up. 2. Approval relieves some concerns amid policy changes under Kennedy's leadership. 3. Moderna's shares rose 4.1% despite an overall 82% decline in the past year. 4. Kennedy's department has withdrawn nearly $600 million in funding for Moderna. 5. mNEXSPIKE targets Covid-19, critical amidst over 47,000 deaths last year.

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FAQ

Why Bullish?

The FDA approval positively impacts MRNA's outlook despite ongoing challenges. Historical declines can reverse following successful product launches.

How important is it?

The FDA approval directly impacts Moderna's future sales and investor confidence, influencing stock performance.

Why Long Term?

The mNEXSPIKE approval strengthens Moderna's product portfolio for future seasons. Long-term demand for Covid-19 vaccines is expected to remain.

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