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

Key Points

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.

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 (ORG) Burns Shorts (PERSON) Moderna Inc.’s (ORG)
Originally published by Bloomberg Markets Read original →