Moderna stock price stands at $94

Moderna stock price stands at $94.85, showing consolidation patterns after last week's rally. Technical traders note a possible breakout if resistance at $97.00 is breached, supported by higher-than-average RSI levels. Moderna Inc (NASDAQ: MRNA ) stock is trading higher Wednesday afternoon, lifted by positive sentiment across the pharmaceutical sector. The rally follows a landmark agreement Tuesday between Pfizer Inc (NYSE: PFE ) and the Trump administration to lower prescription drug prices . The company's story isn't much different today, but the stock trades down over 90% from its post-pandemic peak. Moderna stock price is at $95.00, keeping pace with the Nasdaq Biotech Index's 0.7% gain. Technical analysis indicates strong support near $92.00, with potential upside if sector momentum continues.