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MRNA
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217 days

Watch These Moderna Price Levels as Stock Plummets After Slashing 2025 Revenue Outlook

1. Moderna shares fell nearly 17% after cutting 2025 revenue forecast by $1 billion. 2. Stock breakdown indicates potential for further declines in price performance. 3. Key support levels are around $30 and $13; crucial resistance at $57 and $68. 4. Moderna plans to cut $1.5 billion in expenses amidst rising development costs. 5. Stock has lost about two-thirds of its value in the past year.

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FAQ

Why Very Bearish?

The significant revenue cut and price drop indicate ongoing financial struggles, reminiscent of previous sell-offs following disappointing earnings or forecasts.

How important is it?

The substantial revision in revenue guidance and shares' significant drop directly relate to MRNA's financial outlook, likely impacting investor sentiment.

Why Short Term?

The immediate selling pressure and bearish sentiment may persist, influencing MRNA's stock price in the near term.

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