Moderna joins Nasdaq 100 index and sees 700% stock surge this year
MRNA Moderna Inc
$218.01 -7.82%
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- 1Nasdaq added Moderna to the Nasdaq 100 index earlier this month.
- 2Invesco's $2 billion holding in Moderna represents over 2% of Moderna's $94 billion market cap held by Invesco ETFs.
- 3The 700% surge in Moderna's stock price this year was driven by FDA approval of an updated COVID-19 vaccine and approval of a Moderna-developed flu vaccine.
So what's the key point?
Moderna has newly joined the Nasdaq 100 index. Its stock price has risen 700% this year following the approval of COVID-19 and flu vaccines.
Source The Motley Fool +1 · View original ↗
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