Markets

Moderna’s 160% Surge Burns Shorts in ‘Painful’ $5 Billion Loss

1 source ·1 article ·2h ago

A record surge in Moderna Inc.’s shares delivered a $5 billion blow to short sellers who had bet that the vaccine maker’s years-long slump would continue.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·2h ago

Moderna’s 160% Surge Burns Shorts in ‘Painful’ $5 Billion Loss

A record surge in Moderna Inc.’s shares delivered a $5 billion blow to short sellers who had bet that the vaccine maker’s years-long slump would continue.

Moderna’s 160% Surge Burns Shorts in ‘Painful’ $5 Billion Loss

Moderna’s 160% Surge Burns Shorts in ‘Painful’ $5 Billion Loss →

Moderna’s 160% Surge Burns Shorts in ‘Painful’ $5 Billion Loss