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MRNA Declines by 17% After Changes to Future Plans
Moderna announced plans to cut $1.1 billion in expenses by 2027 as it adapts to a post-COVID business environment. The company aims to win approval for 10 new products by 2027 but will also pause or scrap some projects to manage R&D spending. Moderna’s shares dropped by over 17% following the news, reflecting concerns about […]Read More
MPW Spikes Up After Severing Ties to Steward Health
Medical Properties Trust (MPW) announced a global settlement with Steward Health Care System and its creditors, which allows MPT to regain control over 15 hospitals and transition their operations to four new quality operators. The agreement ends MPT’s relationship with Steward and ensures that the hospitals remain operational under new management in states such as […]Read More
IWM Rebounds from the White Zone
IWM has successfully formed a bullish rebound from the white zone, flipping this level from resistance into support. I’d like to see some nice follow up volume to help IWM rally to the yellow trendline around $220. For now IWM needs to hold above $210.44 to remain bullish. Follow me on social media: https://linktr.ee/realchartchamp
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