Moderna’s 177% Surge Burns Shorts in ‘Painful’ $5.5 Billion Loss

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Moderna’s 177% Surge Burns Shorts in ‘Painful’ $5.5 Billion Loss | Stock Market News

A record surge in Moderna Inc.’s shares delivered a $5.5 billion blow to short sellers who had bet that the vaccine maker’s years-long slump would continue.

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Moderna’s 177% Surge Burns Shorts in ‘Painful’ $5.5 Billion Loss | Stock Market News