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Moderna’s stock has surged 488% in 2020: Is it a buy for 2021? – Motley Fool Australia

This smaller biotech company attracted a lot of attention in 2020, but is it still worth an investment?

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
All eyes were on the biotech Moderna(NASDAQ: MRNA) in 2020. It wasn’t quite a popular name in the pharmaceutical space, as it has no approved products on the market yet. But its sudden entry in the COVID-19 vaccine competition grabbed a lot of attention, and it became the second company to win approval in a race with dozens of players. No wonder its stock has surged 488% so far this year,…

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