We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox

Moderna Is More Than Its Covid Vaccine. Why It’s Time to Buy the Stock.


  • Order Reprints
  • Print Article

Moderna, a drugmaker with just a single product to its name, has become perhaps the best-known biotech in the world over the past four months, with nearly 100 million doses of its Covid-19 vaccine administered in the U.S. alone.

Yet investors don’t seem to know what to make of it anymore, and the stock is stuck in a spin cycle.

In the first...