Moderna CEO Stephane Bancel Sells $400M Shares And Deletes Twitter Account

Date: 2/12/2022

Moderna CEO Stephane Bancel has reportedly deleted his official Twitter account after selling his shares in the company.

Bancel reportedly sold 10,000 of his own shares of MRNA stock earlier today after the average price of $178.29 went up by 3.06 percent as reported by Yahoo! Finance. In addition to selling his shares, several Twitter users noticed that Bancel deleted his Twitter account without any explanation.

“Moderna CEO deletes Twitter account and sells $400m worth of MRNA shares. As does Noubar Afeyan, another Moderna cofounder who has dumped shares for $1.5B.” wrote Guru Seed editor Ryan Allen.

Although a reason is currently unclear, several Twitter users alleged that Bancel deleted his account and sold some shares after a report about the coronavirus vaccines was published earlier today.