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International Business Times
International Business Times
Business
Luke Funk

Moderna Stock Poised For Another Drop After Shaving Nearly $1 Billion Off Earnings Estimates

Drug maker Moderna's stock plunged more than 17% in pre-market trading on Monday after the company slashed its sales outlook by $1 billion.

The company reported product sales of $3 to $3.1 billion in 2024 but lowered 2025's expected revenue range to $1.5 to $2.5 billion.

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