Why Moderna Stock Is Slipping Today

Why Moderna Stock Is Slipping Today

What happened Shares of Moderna (NASDAQ: MRNA) moving 4.5% lower as of 11:57 a.m. EST on Monday. The decline appears to be the direct result of the U.S. Food and Drug Administration (FDA) granting emergency use authorization (EUA) to Johnson & Johnson's (NYSE: JNJ) COVID-19 vaccine over the weekend.