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Wall Street Reaction

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Moderna Surges on Cancer Vaccine Breakthrough, Emerges as Market Darling
markets2 hours ago

Moderna Surges on Cancer Vaccine Breakthrough, Emerges as Market Darling

Moderna’s personalized mRNA cancer vaccine Intismeran Autogene, developed with Merck, showed Phase 3 melanoma trial success when paired with Keytruda, triggering a roughly 176% stock rally and making Moderna the S&P 500’s second-best performer this year as analysts boost bets on its cancer pipeline, though the magnitude of benefit and potential launches remain under review.