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Message Subject Two Moderna Executives Dump $30 Million of Stock after Vaccine Press Release
Poster Handle Anonymous Coward
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REVEALED: Two executives at drug firm Moderna quietly sold nearly $30 million of stock when they unveiled coronavirus vaccine and value rose - before share price went down again

Moderna's share price skyrocketed after it released promising results from its vaccine trial Monday, sparking hope that a vaccine could be available January

Stocks surged as much as 30 percent Monday to $87 a share following the news 

Lorence Kim, Moderna's chief financial officer, exercised 241,000 options for $3 million Monday, then sold them for $19.8 million, taking a $16.8 million profit 

Tal Zaks, Moderna's chief medical officer, exercised $1.5 million stock options before making a profit of $8.2 million when he offloaded them for $9.77 million

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 Quoting: Anonymous Coward 78946902


LyingCrookedgooks. Who woulda thought?
 
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