
Moderna Stock Plunges After Cancer Vaccine Breakthrough
Moderna's stock plunged by over 20%, wiping out billions in market value, just one day after a significant breakthrough in its cancer vaccine research had sent shares soaring. The sharp decline followed an initial surge of 177%.
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Moderna Stock Plunges 25%—Wiping Out $18 Billion After Historic Cancer Vaccine Breakthrough
The biotech giant posted positive trial results of a cancer vaccine, boosting shares at a record-setting pace before investors pulled back.
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A new mRNA cancer vaccine hit its goal in melanoma patients, giving a healthcare giant a fresh growth story.
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