'This is Not Going To Be Good': Moderna CEO's Omicron Warning Sends Markets Tumbling

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Moderna (MRNA) Announces UK Order for Additional 60M Vaccine Doses for 2022-2023

December 2, 2021 5:53 AM EST

Moderna, Inc. (Nasdaq:... More

'Like iPhone 13 vs iPhone 12...Both Good, One Is Better' - Jefferies Weighs in on Omicron and New Covid Vaccine Boosters

December 1, 2021 8:17 AM EST

Jefferies analyst Michael Yee expects Moderna (NASDAQ: MRNA) to continue trading in a volatile manner on fear of Omicron spreading globally.

While Pfizer (NYSE: PFE) already said it will try a new variant in development, Moderna is likely to release an... More

Stocks, oil slide as Omicron worries push investors to safe havens

November 29, 2021 8:57 PM EST

By David Randall

NEW YORK (Reuters) - Global stock benchmarks and oil prices fell sharply on Tuesday after drugmaker Moderna warned that existing vaccines are unlikely to be as effective against the new coronavirus variant, spurring investors to pile into safe-haven assets such as government bonds and the yen.

"There is no world, I think, where (the effectiveness) is the same level," Moderna's chief executive, Stephane Bancel, told the Financial Times in an interview, comparing the effectiveness against the new Omicron variant to prior variants.

"I think it's going to be a material drop. I... More