Moderna stock plunges on sales forecast cut

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Moderna (MRNA) shares tumble after the pharmaceutical company lowered its sales forecast amid weak demand for COVID and RSV vaccines. Seana Smith and Brad Smith outline what investors need to know about the sales cut.

The sales outlook cut comes ahead of President-elect Donald Trump’s return to the White House, fueling uncertainty given that Trump’s Food and Drug Administration (FDA) nomination, Robert F. Kennedy Jr., has been outspoken with his antivaccine views.

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This post was written by Naomi Buchanan.