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4 Reasons to Hang On to Your Moderna Stock – Motley Fool

A proposal to nullify intellectual property regarding COVID-19 vaccines seems unlikely to affect Moderna’s bottom line.

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Shares of Moderna(NASDAQ:MRNA) and its peers have been under pressure in response to a bomb the Biden administration’s new trade envoy, Katherine Tai, dropped on America’s technology-driven economy. On May 5, Tai voiced support for a World Trade Organization (WTO) proposal that would nullify intellectual property rights in COVID-19 vaccines for Moderna and its peers.
Fortunately for Moderna, the U.S. trade envoy’s position is based on arguments that don’t hold water. Here are four reasons the WTO’s…

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