Moderna Inc
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Moderna Inc
Moderna is an American pharmaceutical and biotechnology company with headquarters in Massachusetts. Moderna rose to prominence during the Covid-19 pandemic as a primary candidate for the development of a vaccine, which was then authorised for distribution to the public across multiple countries at the start of 2021. Moderna’s work focuses on drug discovery and development, with a heavy emphasis on artificial mRNA cells. Moderna stock is listed on the NASDAQ exchange and it is also a constituent of the NASDAQ 100 index, which is a modified measure of the top 100 non-financial companies in the US on the exchange. Trade CFDs on our Moderna share price.
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A contract for difference (CFD) is a derivative product which enables you to trade on the price movements of underlying financial assets (such as forex, indices, commodities, shares and treasuries). It's an agreement to exchange the difference in the value of an asset from the time the contract is opened until the time it's closed.
With a CFD, you never actually own the asset or instrument you're trading, but you can still benefit if the market moves in your favour, or make a loss should the market move against you.
Trading CFDs involves trading on leverage, which means that you can enter a position with a set initial deposit, known as the margin requirement. It's important to remember that leverage amplifies your gains and losses in equal measure, based on the full value of the trade, and not just the initial margin amount. Learn more about CFD trading