Moderna is a commercial-stage biotech that was founded in 2010 and had its initial public offering in 2018. The firm's mRNA technology was rapidly validated with its covid vaccine, which was authorized in the United States in December 2020. Moderna h...
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EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
Earnings Per Share
EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
EPS worse than industry
FAQ
Q
How do I buy Moderna (MRNA) stock?
A
You can purchase shares of Moderna (NASDAQ:MRNA) through any online brokerage.
In this clip from The Drift, tastytrade founder Tom Sosnoff breaks down one of Wall Street's most enduring inside jokes and the moment it stopped being funny.
Traders have used the phrase "what did they do, cure cancer?" for decades to describe any stock that makes an inexplicable, outsized move. Silver spikes. A semiconductor doubles overnight. A commodity goes parabolic. The phrase is universal shorthand: the move is so absurd it could only be explained by something truly miraculous.
Sosnoff told Adam Mesh that he'd heard it and used it his entire career. And then Moderna happened.
The company behind one of the most extreme stock moves in market history had actually done something comparably extraordinary. For once, the joke wasn't a joke. But Sosnoff's real observation is more unsettling: traders had been crying wolf with that phrase so many times, for so long, that when a stock finally earned it when the move was actually justified it almost didn't register.
Watch the full episode of The Drift on Benzinga's YouTube channel. $MRNA.
#TheDrift #TomSosnoff #Moderna
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