Sales of Moderna’s successful Covid-19 vaccine have earned the company so much cash that it is preparing to buy back $1 billion of its stock.The biotechnology company reported $4.4 billion in revenue for the second quarter. The buyback is in anticipation of even richer times to come. During a call with analysts, Moderna president Stephen Hoge said he expects people will need a third, booster dose of its vaccine by the end of this year to keep themselves secure against Covid-19—particularly against variants such as the delta, which is currently driving up caseloads in countries around the world.How heavily the Covid-19 vaccine has propelled Moderna’s fortunes can be seen from a comparison of
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