Here's Who's Making a $1 Billion Bet on Moderna
Few stocks are as hot as Moderna (NASDAQ: MRNA) is right now. The vaccine maker's shares have soared more than 360% so far this year. And that comes on top of the 434% gain in 2020.
That kind of performance tends to attract investors' attention -- and deservedly so. Some might view the vaccine stock as overpriced now that its market cap tops $190 billion. But not everyone.
There's one investor preparing to make a $1 billion bet on Moderna. Who is it? None other than Moderna itself.
Source Fool.com