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Why Is Moderna Stock Dropping Today? Its Covid-19 Vaccine Forecast Disappointed. - Barron's

1. Moderna's sales expectations for next year are below Wall Street's projections. 2. This reflects reduced demand for its COVID-19 vaccines in the market. 3. Analysts express concern over competitive pressures affecting future revenue. 4. The stock price has already dropped 2.13% following this news.

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FAQ

Why Bearish?

Lower sales guidance suggests weakened market position and revenue growth potential, similar to past downgrades affecting biotech stocks.

How important is it?

Sales guidance impacts investor sentiment significantly due to the company's reliance on vaccine revenue.

Why Short Term?

The immediate market reaction indicates short-lived sentiment, but longer-term impact may develop with further sales data.

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