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Moderna stock surges 131% on Phase 3 cancer-vaccine trial win

digest · 2 sources
2 independentfirst seen published latency 13 min

Moderna stock jumped A Phase 3 win against the standard of care sent the biotech's shares up 131% and left short sellers down $4.8 billion.Decrypt · · read it at the source following positive Phase 3 results for its cancer vaccine, which outperformed standard-of-care treatment in the trial.

The surge cost short sellers A Phase 3 win against the standard of care sent the biotech's shares up 131% and left short sellers down $4.8 billion.Decrypt · · read it at the source in losses, according to Decrypt.

Sources: MarketWatch, Decrypt

This article is for information only and is not financial advice.

Tags: Moderna, CancerVaccine, Biotech
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