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Stocks making the biggest moves midday: Moderna, Nvidia, Etsy and more
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cnbc.comIn this article
Check out the companies making headlines in midday trading.
Moderna — Moderna shares tumbled 19% after a weaker-than-expected quarterly report. The drug maker cut its Covid-19 vaccine sales forecast for the year and missed third-quarter earnings and revenue expectations. Moderna earned $7.70 per share for its latest quarter versus the $9.05 Refinitiv consensus estimate.
Penn National Gaming — Shares of Penn National Gaming sank about 20% after issuing quarterly results. The company reported adjusted EBITDAR (earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs) of $480.3 million versus the StreetAccount consensus estimate of $537.8 million. Penn management said the third quarter was
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