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Two Moderna Executives Dump $30 Million of Stock after Vaccine Press Release
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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 [ link to www.dailymail.co.uk (secure)] Quoting: Anonymous Coward 78946902 LyingCrookedgooks. Who woulda thought?
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