The biotech company saw its stock soar in early pandemic days thanks to the development and commercialization of its coronavirus vaccine. It went on to become a blockbuster product. But when demand for the vaccine slipped later in the health crisis, Moderna's earnings and stock performance suffered. The biotech quickly took charge of the situation, cutting costs where needed and putting a focus on oncology and rare disease candidates. All of these efforts have started to brighten Moderna's earnings reports, and investors have sat up and taken notice.
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