S&P 500 Weekly Update: Moderna's Sales Forecast Cuts Lead to Major Losses

Reported about 18 hours ago

On January 13, 2025, the S&P 500 saw a slight gain of 0.2% despite mixed performances from major U.S. equities, driven by Moderna's 16.8% plunge after it lowered its 2025 revenue guidance due to uncertain vaccine demand. Other notable movements included a rise in managed care stocks following proposals to increase Medicare reimbursement rates and Mosaic's 8% surge after announcing a strategic asset sale. Meanwhile, Edison International's shares dropped significantly amid ongoing wildfire investigations in Southern California.

Source: YAHOO

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