With Pfizer covid authorization is expected soon, why is price not moving much? However, Moderna gained 100% in last month. Don't understand the reasoning 🤔

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Short answer - Pfizer is much larger company w/ 90k employees and 50b in revenue. Moderna on the flipside employed 800 ppl at the end of the year. It's why if you look at companies in Russell 2000 they experience larger price swings than sp500

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Correct

The market already weaved in the optimism into the overall pricing.
Moderna's stock went up since it's expected to gain more than the rest of the market, from the vaccine; direct revenue impact

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While everything ppl just said is right, fundamentally though didn’t Pfizer say they wouldn’t take profit on this.

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