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Modern is a US pharmaceutical company that specialises in RNA therapeutics. The company was founded by Derrick Rossi, a 39-year-old postdoctoral fellow in stem cell biology at Stanford University. After learning about RNA-mediated immune activation in 2005, he developed a way of modifying mRNA.

In 2010, with help and investment from fellow Harvard University faculty member and entrepreneur Timothy A. Springer, Rossi launched the company ModeRNA Therapeutics. Other investors were brought onboard and following various collaborations and partnerships with other pharma companies, including AstraZeneca, ModeRNA Therapeutics became Moderna in 2018.

Today, Moderna is one of the largest pharmaceutical companies in the world and a leader in mRNA research and vaccines. And, since going public in 2018, Moderna stock has traded on the US100 and the SPX500.

Moderna stock was first available to the public in 2018 following the company’s switch from ModeRNA Therapeutics. The initial public offering (IPO) saw Moderna stock open at $23 per share. With 27 million Moderna shares sold, the IPO raised $621 million. The Moderna stock price initially fell below the IPO value of $23 per share. However, in 2020 it started to climb following the outbreak of COVID-19. With Moderna producing mRNA vaccines to help combat the virus, the company’s share price peaked at more than $449 in 2021.

Why trade the Moderna Stock price?
The Moderna stock price history shows a period of relative stability since the IPO in 2018. However, it was during the COVID-19 outbreak that Moderna shares saw their biggest gains. The impact of a move from approximately $20 per share to over $400 is not guaranteed to have a lasting effect. However, mRNA vaccines are becoming increasingly important in tackling widespread viruses and Moderna has established itself as one of the leading companies in this area.

Are trading and investing different? Yes and no. Both involve the buying and selling of financial instruments. However, it’s the way you buy and sell that differs. Investing means you own a piece of the underlying asset and, therefore, can only profit when its value increases. Trading means you’re speculating on price movements of an underlying asset, but you don’t own the asset. This means you can trade Moderna stock and take a long position (profit when its value increases) or short position (profit when its value decreases).