Vaccine centered companies are collapsing in stock market for those not paying attention. Moderna is down from $500 at peak to $167 and novavax is down from $280 to $90 - Kotaku In Action 2

Vaccine centered companies are collapsing in stock market for those not paying attention. Moderna is down from $500 at peak to $167 and novavax is down from $280 to $90 (media.kotakuinaction2.win)

posted 2 years ago by Yeeeeeboiiiiiii 2 years ago by Yeeeeeboiiiiiii +44 / -0

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– cccpneveragain 19 points 2 years ago +19 / -0

My thought is they were way overbought prior to that due to all the hype. MRNA still close to 10x it's value from the end of 2019. If you look at their earnings and revenue, they aren't exactly suffering.

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▲ 14 ▼

– TerpenoidTester 14 points 2 years ago +14 / -0

Pump and dump.

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▲ 6 ▼

– yvaN_ehT_nioJ 6 points 2 years ago +6 / -0

Domp eet

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▲ 11 ▼

– vicious_snek5 11 points 2 years ago +11 / -0

That doesn't explain novavax who were developing an old style protein subunit vaccine, not this new viral vector/mRNA garbage.

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