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On Monday, $Moderna(MRNA.US)$ stock shot up 17.1%, the biggest one-day gain in nearly nine months, to a record close of $484.47. The company’s valuation is “unjustifiable on a fundamental basis,” said analyst Geoff Meacham, he suggests the stock should be priced roughly 75% below current levels.
The stock price of $BioNTech(BNTX.US)$ also increased 14.97% yesterday, going from a previous close of $389.01 to $447.23.
Shares of clinical-stage vaccine developer Vaxa...