Moderna Stock Falls Friday: What's Going On?
Shares of Moderna are trading lower Friday morning after the company announced official terms for a major private debt offering.
Moderna is borrowing money by selling debt (like a loan to investors), which is why its stock price dropped today. When companies borrow money, people sometimes worry about how they'll pay it back, so it's worth watching what the company does with that cash.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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