Baillie Gifford Reduces Moderna Inc (MRNA) Stake -- Shares Trade at 2.54x GF Value
Baillie Gifford reduced its stake in Moderna Inc (MRNA) by selling 1,779,098 shares at $70.03 each, decreasing its holdings by 8.90%. This transaction reflects Baillie Gifford's long-term investment philosophy focused on sustainable growth, even as Moderna's stock is deemed "Significantly Overvalued" by GuruFocus. Despite …