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Shares of Moderna Inc. MRNA, -3.03% bounced 4.3% in premarket trading, putting them on track to snap a record eight-day losing streak, after Deutsche Bank analyst Emmanuel Papadakis said investors can stop selling after the recent precipitous decline. The COVID-19 vaccine provider’s stock has plunged 31.6% during its losing streak, which is the longest since the biotechnology company went public in December 2018, and has plummeted 68.5% since its Aug. 9, 2021 post-pandemic peak of $484.47.
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