Comment Massive expectations = disappointing data (Score 1) 42
Last I checked, a disappointment is when something does not meet the expectations. So if investors had massive expectations, they did find the data disappointing.
Of course the problem is neither the data nor the disappointment - is the importance our society is giving to gamblers. The trade value of a company, especially its daily changes, has exactly 0 effect in the company ability to operate. Moderna has the same amount of cash, revenue, and customers today as they had yesterday. Yet we give credit to how much gamblers think the company value should be....