“Moderna CEO Stéphane Bancel and other top executives of the hot biotech firm have made millions selling stock in the wake of the company's announcement earlier this week of positive results in an early trial of its
coronavirus vaccine.
Moderna disclosed in a securities filing late Friday afternoon that Bancel was among the company executives who had sold shares in the days following its announcement of
positive vaccine results in a press release Monday. The price of Moderna's stock, which had been soaring much of this year, jumped 30% on Monday on the news, to an all-time high of $87. “
moderna is the company Bill Gates is associated with. It looks like they just did a pump and dump on the stock and I’m still thinking that there is more evidence suggesting that news of a vaccine is about controlling the stock market than about actually producing a vaccine, but we will see.
Four of the biotech's top executives netted a total of $30 million since positive results for a coronavirus vaccine were touted.
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