Moderna Shipped 800 Million Covid-19 Vaccine Doses in 2021. Its Stock Keeps Falling.

Moderna said successful a missive to shareholders connected Tuesday that it had shipped astir 800 cardinal doses of its Covid-19 vaccine successful 2021, astir successful enactment with estimates that the institution had enactment retired precocious successful the year.

In November, Moderna (ticker: MRNA) chopped its expectations for deliveries of Covid-19 vaccine doses to betwixt 700 cardinal and 800 million, down from earlier estimates of betwixt 800 cardinal and 1 billion.

At...