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Moderna hits 52-week high on strong Q3 results

Zacks +1 · ·by G4L

MRNA Moderna Inc
$250.83 -6.75%
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  1. 1Moderna shares rose 10% during Friday's trading session to reach a 52-week high of $267 per share.
  2. 2Moderna's Q3 earnings per share of $0.38 beat expectations by 134%.
  3. 3Moderna raised its full-year 2026 revenue growth outlook to 15% to 25%.

So what's the key point?

Moderna's stock price rose to $267 because the company earned much more money than experts expected. The stock is gaining momentum as future revenue is also expected to increase.

Source Zacks +1 · View original ↗

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