3 Reasons Why Moderna Stock Is so Cheap Right Now

Moderna's (NASDAQ: MRNA) stock is in poor shape. So far this year, it's down more than 44% and its valuation multiples are slumping. On the bright side, people can buy the shares far more cheaply right now than they could at any point in the last few years.

Unfortunately, when investors take a closer look at why Moderna's stock is so inexpensive, they probably won't want to make that purchase. There are at least three reasons that its shares are down, and they're all quite intractable.

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Source Fool.com