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Stock impact report

Why Moderna (MRNA) Stock Is Trading Up Today [Yahoo! Finance]

Arbutus Biopharma Corporation (ABUS) 
Last arbutus biopharma corporation earnings: 11/6 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.arbutusbio.com/node/5806
Company Research Source: Yahoo! Finance
Moderna agreed to pay Arbutus Biopharma and Genevant Sciences up to $2.25 billion to resolve the legal battle. This settlement removed a major legal and financial uncertainty that had weighed on the company's stock. The agreement also provided clarity for Moderna's entire infectious disease portfolio, confirming no future royalties would be owed. In addition to the settlement news, the company received a positive opinion from the European Medicines Agency for its combination vaccine designed to protect against both influenza and COVID-19 in individuals aged 50 and older. The shares closed the day at $57.86, up 16.1% from previous close. Is now the time to buy Moderna? Access our full analysis report here, it's free What Is The Market Telling Us Moderna's shares are extremely volatile and have had 50 moves greater than 5% over the last year. But moves this big are rare even for Moderna and indicate this news significantly impacted the market's perception of the business. The Show less Read more
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