Strong Buy · 90/100Aug 20, 4:17 AM EDT
Moderna Stock Soars 177% on Cancer Vaccine Data, Yet Analyst Warns of Turbulence Ahead
MRNAMUMRK
Moderna (MRNA) shares skyrocketed 176.97% to $174.38 on Wednesday, the biggest single-day jump for an S&P 500 stock this century, after positive late-stage trial results for its personalized mRNA cancer vaccine developed with Merck (MRK). While the news is a m…
- ▹Positive Phase 3 results for personalized mRNA cancer vaccine with Merck, a major catalyst.
- ▹Platform technology with multiple assets and big pharma partnership, strong manufacturing and regulatory support.