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StockNews.com
StockNews.com
Business
Subhasree Kar

Moderna (MRNA) Stock Analysis: Is the Biotech Stock a Buy at This Time?

Moderna, Inc. (MRNA) is gaining investors’ attention after unveiling promising data from its latest flu vaccine trial. The biotech firm’s reformulated version of its messenger-RNA-based flu shot met its primary goals in a final-stage trial, paving the way to seek regulatory approval for the influenza vaccine.

Amid declining sales of its COVID-19 vaccines due to pandemic fatigue, MRNA is strategizing to expand its product portfolio and identify new revenue streams.

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