Moderna Stock Sinks 11%; Its 24 Million-Dose EU Deal Has a No-Minimum Catch
Moderna Inc. shares fell 11.3% to $67.91 at 12:53 p.m. EDT on Friday, erasing about $3.4 billion in market value. The vaccine maker had traded as high as $78.47, leaving the stock 13.5% below its intraday peak.