Moderna Inc (MRNA) is a drug discovery and vaccine development company based out of Cambridge, Massachusetts. The company went public in 2018 and became the biggest Biotech IPO to date.
The MRNA IPO raised approximately $621 million and went live on Nasdaq trading at $18.60. Since then, the company has been at the forefront of vaccine development for several diseases including COVID.
Moderna's financials have been in the red since the start but the company outperformed its Q4 2020 expectations. Moreover, MRNA is currently* trading at nearly 6x its value since being listed on NASDAQ.
In this story, we'll take a look at the current numbers of Moderna Inc and the MRNA stock to understand the present and future financial health of the company.
Important: Please consult a wealth coach or financial advisor before investing in any US stock.
Ans. A reliable app like Cube Wealth is the best way to buy Modern stock online from India. Cube gives you access to expert US stock advice from RIA, Rick Holbrook.
You can even buy US stocks on your own. And guess what? Indian investors can start investing in Modern stock for as little as $1 using Cube. Get started now!
Q. Does Moderna Pay A dividend?
Ans. Moderna Inc (MRNA) does not pay a dividend as of March 2021. You can explore US stocks that pay a dividend using Cube Wealth for free. What’s next?
Check out this informative US stocks in-app guide on Cube Wealth
Shriram is a Content Marketer at Cube Wealth, the Financial Freedom App with a smart Perfect Portfolio Planner. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. Shriram’s love for philosophy, product development, and empowering people through quality content is what got him to Cube Wealth.
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