Tag Archives: Moderna

By Patrick Wingrove (Reuters) -Moderna (MRNA) topped Wall Street sales expectations and reported a lower-than-expected second-quarter loss on Friday, driven by robust Spring COVID booster demand and aggressive cost cuts. However, its shares fell more than 4% in premarket trading after the company lowered its 2025 sales forecast to $1.5 billion to $2.2 billion, cutting $300 million from the top …

Apple, Amazon, Figma, MicroStrategy, Coinbase, Reddit, Moderna, and More Market Movers  Barron’s Stocks making the biggest moves premarket: Amazon, Coinbase, Reddit, Apple and more  CNBC Earnings live: Apple tops estimates, Amazon stock slips, Reddit surges  Yahoo Finance Biggest stock movers Friday: AMZN, FIG, and more (NASDAQ:AMZN)  Seeking Alpha Stock Movers: Amazon, Apple, Exxon  Bloomberg Source link

Moderna logo is seen in Warsaw, Poland on April 9, 2025. Jakub Porzycki | Nurphoto | Getty Images Moderna on Friday lowered the high end of its 2025 revenue outlook due to a delay in vaccine shipments to the U.K., but beat Wall Street’s expectations for the second quarter as it works to cut costs. Shares of Moderna fell more …

Vaccine maker Moderna cuts hundreds of jobs; CEO says ‘every effort’ made to avoid layoffs  The Business Journals Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow  CNBC Moderna announces layoffs, and Alnylam’s heart drug sees quick uptake  statnews.com Moderna will lay off 10% of employees, Massachusetts-based company announces  CBS News Moderna to cut more than 800 jobs this …

Moderna, working through operating cost and R&D cuts, to sideline 10% of global workforce by year-end  Fierce Pharma Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow  CNBC Moderna will lay off 10% of employees, Massachusetts-based company announces  CBS News Vaccine maker Moderna cuts hundreds of jobs; CEO says ‘every effort’ made to avoid layoffs  The Business Journals Moderna …

Moderna to cut more than 800 jobs this year as it burns through cash  MarketWatch Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow  CNBC Moderna will lay off 10% of employees, Massachusetts-based company announces  CBS News Vaccine maker Moderna cuts hundreds of jobs; CEO says ‘every effort’ made to avoid layoffs  The Business Journals Moderna lays off 500 …

Massachusetts-based vaccine maker Moderna on Thursday announced plans to cut its workforce by approximately 10%. Moderna CEO Stéphane Bancel notified employees of the decision. His memo explained that the company is committed to cutting operating expenses by approximately $1.5 billion by 2027. Bancel said efforts to trim research and development, renegotiate supplier agreements and cut manufacturing costs were insufficient to …

The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Thursday said it plans to slash roughly 10% of its global workforce by the end of the year, as Covid shot sales continue to dwindle and the company grapples with uncertainty in the vaccine market.  In a memo to employees, …